NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Jan-23 07:12 CT

Price Action

• Last: 25638.25,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 32%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 11%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 25973.13,
• 4. Pvt. Next: Pvt Low 25041.75,
• 5. Levels R: 26655.50, 26127.25, 26045.50, 25973.13, 25698.21,
• 6. Levels S: 25041.75, 25025.00, 24887.75, 24161.00, 24111.00, 23918.95, 23900.00.

Daily Benchmarks

• (Short-Term) 5 Day: 25520.75 Up Trend,
• (Short-Term) 10 Day: 25373.25 Up Trend,
• (Intermediate-Term) 20 Day: 25536.98 Down Trend,
• (Intermediate-Term) 55 Day: 25095.25 Down Trend,
• (Long-Term) 100 Day: 25373.15 Up Trend,
• (Long-Term) 200 Day: 24971.75 Up Trend.

Additional Metrics

• ATR: 1618,
• VOLMA: 626746.

Recent Trade Signals

• 23 Jan 2026: Long NQ 03-26 @ 25574.75 Signals.USAR-WSFG
• 23 Jan 2026: Long NQ 03-26 @ 25705.75 Signals.USAR-MSFG
• 21 Jan 2026: Short NQ 03-26 @ 25197.25 Signals.USAR.TR720
• 19 Jan 2026: Short NQ 03-26 @ 25415.75 Signals.USAR.TR120

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Neutral,
• Long-Term: Bearish.

Key Insights Summary

The NQ E-mini NASDAQ 100 Futures daily chart shows a market in transition. Short-term momentum is positive, with price action above both the weekly and monthly session fib grid centers, and the short-term moving averages (5 and 10 day) trending up. The current swing pivot trend is up, but the intermediate-term HiLo trend remains down, reflecting a recent period of volatility and retracement from highs. Resistance is layered above at several key swing levels, while support is clustered below, indicating a market that has recently bounced from a significant low. Intermediate-term moving averages (20 and 55 day) are mixed, with the 20-day still in a downtrend, suggesting some caution as the market attempts to recover. Long-term trend remains bearish, with the yearly fib grid and recent long-term signals still pointing down. Recent trade signals show a shift from short to long bias in the short and intermediate term, reflecting the current bounce and potential for further upside if resistance levels are cleared. Volatility remains elevated, and volume is robust, supporting the current move. Overall, the market is showing short-term strength within a broader context of consolidation and recovery attempts, but longer-term headwinds persist.