NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Feb-17 07:10 CT

Price Action

• Last: 24,588.25,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -18%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -56%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -29%
• 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 High 25,425.25,
• 4. Pvt. Next: Pvt Low 24,239.75,
• 5. Levels R: 25,565.66, 25,425.25, 25,388.00, 25,260.00, 24,988.00,
• 6. Levels S: 24,239.75, 24,161.00.

Daily Benchmarks

• (Short-Term) 5 Day: 25,088.5 Down Trend,
• (Short-Term) 10 Day: 25,154.75 Down Trend,
• (Intermediate-Term) 20 Day: 25,486.25 Down Trend,
• (Intermediate-Term) 55 Day: 25,866.75 Down Trend,
• (Long-Term) 100 Day: 25,808.25 Down Trend,
• (Long-Term) 200 Day: 25,266.75 Down Trend.

Additional Metrics

• ATR: 1618,
• VOLMA: 626746.

Recent Trade Signals

• 17 Feb 2026: Short NQ 03-26 @ 24606.75 Signals.USAR-WSFG
• 12 Feb 2026: Short NQ 03-26 @ 24906.25 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The NQ E-mini NASDAQ 100 Futures are exhibiting pronounced downside momentum across all timeframes. Price has broken decisively below the monthly and weekly NTZ/F0% levels, confirming a strong bearish bias. The most recent price action features large, fast-moving bars, indicating heightened volatility and strong selling pressure. All benchmark moving averages (from short to long-term) are trending down, reinforcing the prevailing downtrend. Swing pivot analysis shows a dominant downtrend, with the next key support at 24,239.75 and resistance levels stacked above, suggesting any rallies may face significant overhead supply. Recent trade signals have triggered new short entries, aligning with the broader technical picture. The market is in a clear corrective or sell-off phase, with no immediate signs of reversal, and volatility remains elevated as measured by ATR and volume metrics. This environment is characterized by trend continuation to the downside, with potential for further tests of lower support levels.