NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-May-19 07:05 CT
Price Action
- Last: 28992.25,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: -24%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: 50%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 63%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt Low 28814.75,
- 4. Pvt. Next: Pvt High 29791.75,
- 5. Levels R: 29782.00,
- 6. Levels S: 28814.75, 22961.50, 22269.50, 21644.25, 18817.25.
Daily Benchmarks
- (Short-Term) 5 Day: 29333.00 Down Trend,
- (Short-Term) 10 Day: 29095.75 Up Trend,
- (Intermediate-Term) 20 Day: 28269.25 Up Trend,
- (Intermediate-Term) 55 Day: 26836.25 Up Trend,
- (Long-Term) 100 Day: 25892.00 Up Trend,
- (Long-Term) 200 Day: 25584.75 Up Trend.
Additional Metrics
- ATR: 1618,
- VOLMA: 626746.
Recent Trade Signals
- 19 May 2026: Short NQ 06-26 @ 29012.5 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 action shows a very large impulsive rally into the upper May monthly fib zone followed by a sharp rejection from the 29782 area and a fast pullback back toward the 29000 region. The short-term pivot structure has turned down, with the latest sequence showing a lower high against the recent peak and price slipping back from the breakout extension. Weekly structure remains below its fib midpoint and stays bearish, while the monthly and yearly grids are still above their respective F0% levels and keep the larger cycle biased upward. Daily benchmarks remain aligned in a broad bullish stack, with price still well above the 20, 55, 100, and 200 day averages even after the retracement. The overall tape reflects a strong prior advance, a near-term cooling phase, and a test of the breakout area after an outside-bar style expansion higher.
Chart Analysis ATS AI Generated: 2026-05-19 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.