The NQ E-mini NASDAQ 100 Futures weekly chart shows a market in transition. Price action has been volatile with large bars and fast momentum, indicating heightened activity and possible uncertainty. Short- and intermediate-term trends have shifted to the downside, as confirmed by both swing pivot trends and the direction of the 5, 10, and 20-week moving averages, all pointing lower. Despite this, the price remains above the short- and intermediate-term Fib grid centers, suggesting some underlying support, but the yearly grid trend is down with price below its center, reflecting longer-term weakness. Swing pivots highlight a recent pivot low at 24,000, with the next resistance at 25,975 and major resistance at 26,655.50. Support levels are clustered below, with significant levels at 24,000 and 23,840, and much lower at 17,168.50 and below, indicating the potential for deeper pullbacks if current support fails. Recent trade signals have been long, suggesting attempts to catch a reversal or bounce, but the prevailing trend metrics remain bearish in the short and intermediate term. Long-term moving averages (55, 100, 200 week) are still in uptrends, which tempers the overall bearishness and keeps the long-term outlook neutral for now. In summary, the market is experiencing a corrective phase within a broader uptrend, with short- and intermediate-term pressures to the downside. The next few weeks will be critical to see if support holds or if the correction deepens toward lower swing support levels.