NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-May-04 07:06 CT

Price Action

Last: 27801.25,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -4%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: 8%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 40%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt High 27965.75,
4. Pvt. Next: Pvt Low 27177.25,
5. Levels R: 27965.75, 26387.84,
6. Levels S: 22961.50, 22269.50, 21644.25, 18617.25, 17890.75.

Daily Benchmarks

(Short-Term) 5 Day: 27473.25 Up Trend,
(Short-Term) 10 Day: 27220.25 Up Trend,
(Intermediate-Term) 20 Day: 26887.75 Up Trend,
(Intermediate-Term) 55 Day: 25760 Up Trend,
(Long-Term) 100 Day: 25541.75 Up Trend,
(Long-Term) 200 Day: 25312.75 Up Trend.

Additional Metrics

ATR: 1682,
VOLMA: 626746.

Recent Trade Signals

04 May 2026: Long NQ 06-26 @ 27935.75 Signals.USAR-MSFG
01 May 2026: Long NQ 06-26 @ 27570.25 Signals.USAR-WSFG
30 Apr 2026: Long NQ 06-26 @ 27581.25 Signals.USAR.TR120

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

The daily chart shows a strong upside expansion from the early-April low into a vertical May breakout, with price pressing near the prior swing high resistance at 27965.75. Short-term weekly fib structure is still below its F0% center and remains down, but the monthly fib grid is positive and price is holding above the May NTZ, keeping the intermediate tape constructive. All benchmark moving averages are aligned upward and stacked beneath price, confirming a broad trend-completion rally rather than a mean-reversion setup. Swing structure remains in UTrend with higher highs and higher lows, while volatility is elevated and momentum is fast, consistent with a trend extension phase and breakout-through-prior-resistance behavior.