NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Feb-23 07:09 CT

Price Action

• Last: 24913.50,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -13%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -22%
• 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 26045.25,
• 4. Pvt. Next: Pvt Low 24239.75,
• 5. Levels R: 26349.00, 26045.25, 25827.75, 25483.25,
• 6. Levels S: 24383.25, 24239.75.

Daily Benchmarks

• (Short-Term) 5 Day: 24880.75 Down Trend,
• (Short-Term) 10 Day: 24924.5 Down Trend,
• (Intermediate-Term) 20 Day: 25331.14 Down Trend,
• (Intermediate-Term) 55 Day: 25391.53 Down Trend,
• (Long-Term) 100 Day: 25592.68 Down Trend,
• (Long-Term) 200 Day: 25228.70 Down Trend.

Additional Metrics

• ATR:1618,
• VOLMA:626746.

Recent Trade Signals

• 23 Feb 2026: Short NQ 03-26 @ 24853.75 Signals.USAR-WSFG
• 18 Feb 2026: Long NQ 03-26 @ 24903.25 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The NQ E-mini NASDAQ 100 Futures daily chart is showing a clear bearish structure across all timeframes. Price is trading below the key Monthly, Weekly, and Yearly Session Fib Grid (MSFG, WSFG, YSFG) NTZ/F0% levels, confirming persistent downside pressure. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot high at 26045.25 acting as a significant resistance and the next pivot low at 24239.75 as the next support to watch. All benchmark moving averages (5, 10, 20, 55, 100, 200 day) are trending down, reinforcing the prevailing bearish momentum. Volatility remains elevated (ATR 1618), and volume is robust, suggesting active participation during this decline. Recent trade signals have flipped from a short-term long to a new short, aligning with the broader downtrend. The market is in a corrective phase, with lower highs and lower lows dominating the price action, and no immediate signs of reversal or stabilization. This environment is characterized by trend continuation to the downside, with potential for further tests of support levels if selling persists.