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

Price Action

• Last: 24601.25,
• Bars: Medium,
• Mom: Momentum slow.

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 low 24379.75,
• 4. Pvt. Next: Pvt low 23935.75,
• 5. Levels R: 26655.50, 26340.00, 25295.75, 24948.75,
• 6. Levels S: 24379.75, 23935.75, 23484.00, 21605.00, 17168.50, 14331.00.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 25147.25 Down Trend,
• (Intermediate-Term) 10 Week: 25412.75 Down Trend,
• (Long-Term) 20 Week: 24718.75 Down Trend,
• (Long-Term) 55 Week: 23935.75 Up Trend,
• (Long-Term) 100 Week: 22484.75 Up Trend,
• (Long-Term) 200 Week: 19370.54 Up Trend.

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: Neutral.

Key Insights Summary

The NQ E-mini NASDAQ 100 Futures weekly chart is showing a clear shift in momentum to the downside across both short- and intermediate-term timeframes. Price is currently trading below all key Fibonacci grid levels (WSFG, MSFG, YSFG), with the most recent weekly bars reflecting medium size and slow momentum, indicating a controlled but persistent selloff rather than panic-driven volatility. Both the short-term and intermediate-term swing pivot trends are down, with the next key support levels at 24379.75 and 23935.75, while resistance is stacked above at 24948.75 and higher. The 5, 10, and 20 week moving averages have all turned down, confirming the bearish bias in the near term, while the longer-term 55, 100, and 200 week averages remain in uptrends, suggesting the broader bull market structure is still intact for now. Recent trade signals have triggered short entries, aligning with the prevailing downtrend. Overall, the market is in a corrective phase, with lower highs and lower lows forming, and price action is testing key support zones. The long-term trend remains neutral as the market consolidates above major moving averages, but continued weakness could threaten the broader uptrend if support levels fail.