The NQ E-mini NASDAQ 100 Futures daily chart shows a recent shift in short-term momentum, with price action rebounding off the recent swing low (22,961.50) and establishing a new short-term uptrend. The price is currently trading above both the weekly and monthly session fib grid centers (NTZ/F0%), indicating bullish short- and intermediate-term sentiment. Short-term and intermediate-term moving averages (5, 10, 20-day) are all trending up, supporting the recent bullish momentum, while longer-term moving averages (55, 100, 200-day) remain in a downtrend, reflecting persistent bearish pressure on a broader time frame. Swing pivot analysis highlights a short-term uptrend but an intermediate-term downtrend, with resistance levels overhead at 25,426.25 and 25,703.50, and support at 24,396.25 and 22,961.50. The ATR remains elevated, suggesting continued volatility, while volume metrics are robust, confirming active participation in the current move. Recent trade signals have triggered long entries, aligning with the short-term bullish reversal. Overall, the market is experiencing a short-term recovery within a larger corrective structure. The intermediate-term remains neutral as price consolidates between major support and resistance, while the long-term outlook is still bearish until key resistance levels are reclaimed and longer-term moving averages turn up. The current environment is characterized by volatility, potential for further upside retracement, and the need to monitor for signs of trend continuation or reversal at key technical levels.