NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Jul-17 07:06 CT

Price Action

• Last: 28495.50,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -93%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -60%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 54%
• 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: 29926.25 Up Trend,
• (Short-Term) 10 Day: 29859.75 Up Trend,
• (Intermediate-Term) 20 Day: 27757.00 Up Trend,
• (Intermediate-Term) 55 Day: 26392.00 Up Trend,
• (Long-Term) 100 Day: 24384.50 Up Trend,
• (Long-Term) 200 Day: 21129.25 Up Trend.

Recent Trade Signals

• 16 Jul 2026: Short NQ 09-26 @ 29563.5 Signals.USAR.TR120
• 16 Jul 2026: Short NQ 09-26 @ 29709 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The weekly structure remains long-term constructive, with price above the rising 20, 55, 100, and 200-period benchmarks and the yearly grid retaining an upside bias. Short-term conditions have shifted sharply lower following rejection from the 31090.00 pivot high: price is below both short-term averages, the weekly and monthly Fib grids are negative, and recent short signals align with fast downside momentum. The current decline is a high-volatility pullback within the broader uptrend, with 27757.00 and 26392.00 defining the nearer benchmark support zone while 31090.00 remains the principal swing resistance.