NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Feb-05 07:14 CT

Price Action

• Last: 24,798.25,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -102%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -44%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -24%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 24,707.00,
• 4. Pvt. Next: Pvt high 25,694.50,
• 5. Levels R: 26,655.50, 26,349.00, 26,027.75, 25,694.50,
• 6. Levels S: 24,707.00, 24,161.00, 23,860.00, 22,960.75, 22,200.00.

Daily Benchmarks

• (Short-Term) 5 Day: 25,694.00 Down Trend,
• (Short-Term) 10 Day: 25,511.75 Down Trend,
• (Intermediate-Term) 20 Day: 25,919.90 Down Trend,
• (Intermediate-Term) 55 Day: 25,511.79 Down Trend,
• (Long-Term) 100 Day: 24,013.25 Up Trend,
• (Long-Term) 200 Day: 24,013.34 Up Trend.

Additional Metrics

• ATR: 1618,
• VOLMA: 626,746.

Recent Trade Signals

• 04 Feb 2026: Short NQ 03-26 @ 25,194.25 Signals.USAR-MSFG
• 03 Feb 2026: Short NQ 03-26 @ 25,386.5 Signals.USAR-WSFG
• 03 Feb 2026: Short NQ 03-26 @ 25,491.5 Signals.USAR.TR120
• 02 Feb 2026: Short NQ 03-26 @ 25,341.5 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

The NQ E-mini NASDAQ 100 Futures daily chart is showing pronounced downside momentum, with large bearish bars and fast momentum confirming strong selling pressure. All major session fib grid trends (weekly, monthly, yearly) are aligned to the downside, with price trading well below the NTZ/F0% levels, indicating persistent weakness across all timeframes. Swing pivot analysis confirms a dominant downtrend in both short- and intermediate-term, with the most recent pivot evolving to a new low and the next reversal level set significantly higher, suggesting bears remain in control unless a major reversal occurs. Resistance levels are stacked above current price, while support levels are being tested, with the most recent low at 24,707.00 now in focus. All key daily moving averages (5, 10, 20, 55) are trending down, reinforcing the bearish structure, while only the 100 and 200 day MAs remain in uptrend but are at risk if current momentum persists. Volatility is elevated (ATR 1618), and volume remains robust, supporting the move. Recent trade signals have all triggered short entries, further confirming the prevailing bearish sentiment. The overall technical landscape points to a market in a strong corrective or impulsive decline, with no immediate signs of reversal. The environment is characterized by trend continuation to the downside, with potential for further volatility and possible tests of lower support levels if selling pressure continues.