NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-May-18 07:05 CT
Price Action
- Last: 29203.25,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 4%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 64%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 70%
- 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 29782.00,
- 4. Pvt. Next: Pvt Low 28880.00,
- 5. Levels R: 29782.00,
- 6. Levels S: 22861.50, 22269.50, 21644.25, 18617.25, 17890.75.
Daily Benchmarks
- (Short-Term) 5 Day: 29398.50 Down Trend,
- (Short-Term) 10 Day: 28963.75 Up Trend,
- (Intermediate-Term) 20 Day: 28092.00 Up Trend,
- (Intermediate-Term) 55 Day: 28752.50 Up Trend,
- (Long-Term) 100 Day: 25861.25 Up Trend,
- (Long-Term) 200 Day: 25557.25 Up Trend.
Additional Metrics
- ATR: 1618,
- VOLMA: 626746.
Recent Trade Signals
- 18 May 2026: Short NQ 06-26 @ 29033.25 Signals.USAR-WSFG
- 15 May 2026: Short NQ 06-26 @ 29225.5 Signals.USAR.TR120
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Price remains in a strong higher-timeframe uptrend, with weekly, monthly, and yearly session fib grids all holding above F0% and aligned bullish. The daily structure has already completed a powerful rally into the 29,782 pivot high, then backed off into a short-term pullback, which is why the short-term tone is bearish even while the broader trend stays constructive. Swing pivots show the market still in UTrend, with the next pivot type listed as a lower pivot at 28,880. The benchmark stack remains mostly bullish across 10, 20, 55, 100, and 200 days, while the 5-day average has rolled down, reflecting near-term digestion after an extended advance. Recent short signals confirm that the latest price action has shifted into a corrective phase, but the larger structure is still trend-up and consistent with a strong momentum cycle.
Chart Analysis ATS AI Generated: 2026-05-18 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.