
NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Aug-05 07:07 CT
Price Action
- Last: 29990.00,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: 97%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Aug
- Intermediate-Term
- MSFG Current: 43%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 81%
- 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 29990.00,
- 4. Pvt. Next: Pvt low 27198.00,
- 5. Levels R: 31090.00, 29990.00,
- 6. Levels S: 27201.50, 23243.75, 17659.50, 16782.25, 14822.00, 13897.00.
Weekly Benchmarks
- (Short-Term) 5 Day: 29009.5 Up Trend,
- (Short-Term) 10 Day: 29508.75 Up Trend,
- (Intermediate-Term) 20 Day: 28259.3 Up Trend,
- (Intermediate-Term) 55 Day: 26808 Up Trend,
- (Long-Term) 100 Day: 24571.25 Up Trend,
- (Long-Term) 200 Day: 21333 Up Trend.
Recent Trade Signals
- 04 Aug 2026: Long NQ 09-26 @ 29671 Signals.USAR.TR720
- 04 Aug 2026: Long NQ 09-26 @ 29073.5 Signals.USAR-MSFG
- 03 Aug 2026: Long NQ 09-26 @ 28801 Signals.USAR-WSFG
- 30 Jul 2026: Long NQ 09-26 @ 28078.75 Signals.USAR.TR120
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The weekly structure remains broadly bullish, with price holding above every benchmark average and the short-, intermediate-, and long-term Fib grids maintaining upward bias. The recent advance has been fast and large-barred, recovering strongly from the 27198 pivot-low region and returning to the 29990 pivot-high area. Price is now testing the 29990 resistance zone beneath 31090, while 27201.50 is the nearest major pivot support. The higher-high and higher-low pivot sequence remains intact, although the elevated weekly location reflects a momentum-driven continuation phase near prior highs.
Chart Analysis ATS AI Generated: 2026-08-05 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.