NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Jul-08 07:05 CT
Price Action
- Last: 28909.75,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: -58%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Jul
- Intermediate-Term
- MSFG Current: -46%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 62%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt Low 28909.75,
- 4. Pvt. Next: Pvt High 30482.25,
- 5. Levels R: 31090.00, 30975.50,
- 6. Levels S: 28909.75, 28510.00, 23243.75, 22551.75, 22271.00.
Daily Benchmarks
- (Short-Term) 5 Day: 29783.25 Down Trend,
- (Short-Term) 10 Day: 29890.75 Down Trend,
- (Intermediate-Term) 20 Day: 29027.75 Down Trend,
- (Intermediate-Term) 55 Day: 29137.50 Up Trend,
- (Long-Term) 100 Day: 27484.25 Up Trend,
- (Long-Term) 200 Day: 28753.00 Up Trend.
Additional Metrics
- ATR: 1618,
- VOLMA: 626746.
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: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Price is trading back under the weekly and monthly session fib grid midlines, with the short-term swing structure pointing lower and the latest pivot evolving into a lower-low sequence. Daily momentum is stretched to the downside, matching the recent short signals and the rejection from the 30K area. The price pattern shows a sharp June rally followed by a distribution phase and a fast July pullback, leaving a clear lower-high / lower-low structure near the top of the prior advance. The long-term backdrop remains constructive because the yearly session grid is still above its center and the 100/200-day benchmarks are above the current market context, but the near-term tape is dominated by a corrective selloff and failed retests of overhead resistance.
Chart Analysis ATS AI Generated: 2026-07-08 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.