NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Jul-07 07:06 CT

Price Action

Last: 29700.00,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -20%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jul

Intermediate-Term
MSFG Current: -27%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 75%
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 31090.00,
4. Pvt. Next: Pvt Low 28495.50,
5. Levels R: 31090.00,
6. Levels S: 23243.75, 17659.50, 16782.25, 14822.00, 13897.00.

Weekly Benchmarks

(Short-Term) 5 Day: 29781.50 Up Trend,
(Short-Term) 10 Day: 29668.25 Down Trend,
(Intermediate-Term) 20 Day: 27533.25 Up Trend,
(Intermediate-Term) 55 Day: 28257.25 Up Trend,
(Long-Term) 100 Day: 24269.75 Up Trend,
(Long-Term) 200 Day: 21058.75 Up Trend.

Recent Trade Signals

07 Jul 2026: Short NQ 09-26 @ 29626.25 Signals.USAR-WSFG
06 Jul 2026: Short NQ 09-26 @ 29879 Signals.USAR-MSFG
02 Jul 2026: Short NQ 09-26 @ 30046 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The weekly structure remains in a powerful long-term uptrend, with price holding well above the 100 and 200 day benchmarks and the 2026 yearly fib grid still biased above F0%. At the same time, the short-term and monthly session fib grids are both below their NTZ/F0% midlines, which keeps the near-term tape more corrective and choppy than trend-clean. Swing pivots still register an uptrend sequence, and the chart shows a strong V-recovery from the April low back toward the 31,090 resistance area, but the latest action is also a tests-and-rejects zone near the upper yearly band after a steep advance. The mix of short signals against a still-bullish higher-timeframe structure points to consolidation after a vertical rally, with lower-timeframe weakness sitting inside a larger secular uptrend.