NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Feb-24 07:08 CT
Price Action
- Last: 24,819.75,
- Bars: Medium,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: -21%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: -42%
- 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 24,319.75,
- 4. Pvt. Next: Pvt high 26,548.25,
- 5. Levels R: 26,655.50, 26,548.25, 26,340.00,
- 6. Levels S: 24,319.75, 23,976.12, 20,501.88, 19,412.02, 17,168.50, 16,291.29, 14,331.00, 13,046.00.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 25,268.5 Down Trend,
- (Intermediate-Term) 10 Week: 25,447.5 Down Trend,
- (Long-Term) 20 Week: 25,879.0 Down Trend,
- (Long-Term) 55 Week: 23,779.0 Up Trend,
- (Long-Term) 100 Week: 22,050.0 Up Trend,
- (Long-Term) 200 Week: 19,412.0 Up Trend.
Recent Trade Signals
- 23 Feb 2026: Short NQ 03-26 @ 24,727.75 Signals.USAR.TR120
- 23 Feb 2026: Short NQ 03-26 @ 24,853.75 Signals.USAR-WSFG
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-term and intermediate-term timeframes. Price is trading below all key Fibonacci grid centers (WSFG, MSFG, YSFG), with all three trends pointing down. Swing pivot analysis confirms a dominant downtrend, with the most recent pivots forming lower highs and lower lows, and resistance levels stacking above current price. The moving averages for 5, 10, and 20 weeks are all trending down, reinforcing the bearish tone in the short and intermediate term, while the longer-term 55, 100, and 200 week averages remain in uptrends, suggesting the broader bull cycle is not yet broken but is under pressure. Recent trade signals have triggered short entries, aligning with the prevailing downtrend. The market appears to be in a corrective phase after a prolonged rally, with volatility increasing and price action testing key support levels. The overall structure suggests a period of retracement or consolidation, with sellers currently in control, but with long-term support zones still intact below.
Chart Analysis ATS AI Generated: 2026-02-24 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.