NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-May-08 07:05 CT

Price Action

Last: 28876.25,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 94%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 52%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 64%
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 28944.75,
4. Pvt. Next: Pvt Low 28132.25,
5. Levels R: 28944.75,
6. Levels S: 22861.50, 22269.50, 21644.25, 18617.25, 17890.75.

Daily Benchmarks

(Short-Term) 5 Day: 28229.25 Up Trend,
(Short-Term) 10 Day: 27811.25 Up Trend,
(Intermediate-Term) 20 Day: 27100.75 Up Trend,
(Intermediate-Term) 55 Day: 26109.50 Up Trend,
(Long-Term) 100 Day: 25632.00 Up Trend,
(Long-Term) 200 Day: 25399.50 Up Trend.

Additional Metrics

ATR: 1618,
VOLMA: 626746.

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

Overall Rating

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

Key Insights Summary

Strong upside trend structure is intact across the daily swing framework, with price holding well above all benchmark moving averages and trading near the upper end of the current monthly/session fib structure. The pivot sequence remains in an active uptrend, and the current market is pressing into fresh highs after a sharp V-shaped recovery from the April low near 22961.50. Momentum is fast and the bars are large, consistent with expansionary trend continuation rather than consolidation. From a swing-trader view, the market is in a dominant bullish phase across short, intermediate, and long-term conditions, with the nearest meaningful overhead reference being the active pivot high at 28944.75 and the broader structure showing sustained higher highs and higher lows.