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

Price Action

• Last: 29585.00,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 29782.00,
• 4. Pvt. Next: Pvt Low 27315.50,
• 5. Levels R: 29782.00,
• 6. Levels S: 22961.50, 17377.25, 16500.00, 14539.75, 13614.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 28132.00 Up Trend,
• (Short-Term) 10 Day: 26210.50 Up Trend,
• (Intermediate-Term) 20 Day: 25866.00 Up Trend,
• (Intermediate-Term) 55 Day: 24907.00 Up Trend,
• (Long-Term) 100 Day: 23404.75 Up Trend,
• (Long-Term) 200 Day: 20260.25 Up Trend.

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 weekly chart shows a powerful long-term uptrend with price holding well above all benchmark moving averages and both the monthly and yearly fib grids remaining above their F0% centers. Short-term structure has weakened into a bearish WSFG condition, matching the recent short signals and the latest pullback from the 29782 pivot high. Even so, the broader swing framework remains constructive, with pivot trend and HiLo trend still in UTrend and the higher-timeframe support stack well below current price. The setup reflects a strong primary uptrend with a short-term corrective phase, following a sharp extension and pullback/rebound sequence that keeps the long-cycle trend intact.