NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Jul-08 07:05 CT
Price Action
- Last: 29100.00,
- 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: 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: 28495.50, 26423.75, 17659.50, 16782.25, 14822.00, 13897.00.
Weekly Benchmarks
- (Short-Term) 5 Day: 29781.50 Down Trend,
- (Short-Term) 10 Day: 29868.25 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: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Weekly structure remains in a strong long-term uptrend, but the short and intermediate timing layers are still digesting a sharp pullback from the 31090 pivot high. Price is trading above the 20, 55, 100, and 200 day benchmarks, which keeps the larger trend constructive, while the 5 and 10 day benchmarks have rolled over, matching the recent downside rotation. The active pivot state stays UTrend, yet the next pivot reference is a lower swing low at 28495.50, showing the market is still working through a corrective phase after the latest thrust to new highs. WSFG and MSFG both sit below F0%, aligning with the recent short signals and the weaker near-term tone, while the yearly fib grid remains above F0% and supports the broader bullish backdrop. The chart is in a high-volatility, trend-versus-pullback transition, with the dominant message being long-term strength inside a shorter-term corrective swing.
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.