NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-May-20 07:05 CT

Price Action

Last: 28663.00,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -5%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: 60%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 68%
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 28663.00,
4. Pvt. Next: Pvt High 29865.50,
5. Levels R: 29782.00,
6. Levels S: 28663.00, 22961.50, 22269.50, 21644.25, 18617.25.

Daily Benchmarks

(Short-Term) 5 Day: 29283.75 Down Trend,
(Short-Term) 10 Day: 29174.50 Down Trend,
(Intermediate-Term) 20 Day: 28323.75 Up Trend,
(Intermediate-Term) 55 Day: 28910.75 Up Trend,
(Long-Term) 100 Day: 25920.50 Up Trend,
(Long-Term) 200 Day: 25609.50 Up Trend.

Additional Metrics

ATR: 1618,
VOLMA: 626746.

Recent Trade Signals

20 May 2026: Short NQ 06-26 @ 28885 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

The daily structure shows a strong impulse rally from the April base into the May highs, followed by a sharp rejection from the 29782 resistance area and a fast retracement back toward the 28663 pivot low. Short-term price action is heavy, with weekly session bias below F0% and the pivot trend in DTrend, matching the recent short signals. Intermediate-term structure remains constructive because price is still holding above the monthly NTZ and the 20/55/100/200-day benchmarks remain aligned upward overall, while the yearly session profile also stays positive. The chart is transitioning from expansion rally into a pullback/consolidation phase, with lower highs forming beneath the recent peak and the market testing whether the prior breakout can hold as a higher-low sequence or roll into deeper mean reversion.