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

Price Action

Last: 28725.25,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 64%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 45%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 60%
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 28814.50,
4. Pvt. Next: Pvt Low 28010.00,
5. Levels R: 28814.50,
6. Levels S: 22961.50, 22269.50, 21644.25, 18617.25, 17890.75.

Daily Benchmarks

(Short-Term) 5 Day: 28012 Up Trend,
(Short-Term) 10 Day: 27636.50 Up Trend,
(Intermediate-Term) 20 Day: 26929 Up Trend,
(Intermediate-Term) 55 Day: 28014.25 Up Trend,
(Long-Term) 100 Day: 25602 Up Trend,
(Long-Term) 200 Day: 25376.25 Up Trend.

Additional Metrics

ATR: 1627,
VOLMA: 549K.

Recent Trade Signals

05 May 2026: Long NQ 06-26 @ 28085 Signals.USAR-WSFG
05 May 2026: Long NQ 06-26 @ 27936.75 Signals.USAR-MSFG
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 structure shows a strong upside continuation with price pressing into new swing highs near 28725 after a sharp V-shaped recovery from the April low. Price is trading above the weekly, monthly, and yearly fib reference zones, while the benchmark moving averages are aligned in an overall bullish configuration and all slope higher. Swing pivots remain in UTrend with the next reversal pivot below at 28010, reinforcing the current upward impulse and leaving price in a momentum-led expansion phase. Volume remains active and ATR is elevated, matching the broad trend acceleration and late-cycle breakout behavior, with recent long signals confirming the prevailing upside structure across short- and intermediate-term swing frameworks.