NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Aug-06 07:07 CT

Price Action

Last: 29497.75,
Bars: Medium,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 65%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Aug

Intermediate-Term
MSFG Current: 31%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 71%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt high 30740,
4. Pvt. Next: Pvt low 28609.50,
5. Levels R: 31090, 30975.50, 30740,
6. Levels S: 27201.50, 23943.75, 22551.75, 22271, 21982.75.

Daily Benchmarks

(Short-Term) 5 Day: 29002.5 Up Trend,
(Short-Term) 10 Day: 28537.5 Up Trend,
(Intermediate-Term) 20 Day: 28978.75 Up Trend,
(Intermediate-Term) 55 Day: 29028 Up Trend,
(Long-Term) 100 Day: 28238 Up Trend,
(Long-Term) 200 Day: 27104.5 Up Trend.

Additional Metrics

ATR: 1451,
VOLMA: 626746.

Recent Trade Signals

06 Aug 2026: Short NQ 09-26 @ 29497.75 Signals.USAR.TR120
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

Overall Rating

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

Key Insights Summary

NQ completed a sharp V-style recovery from the late-July 27201.50 swing low and reclaimed the rising 5, 10, 20, and 55-day benchmarks. The short-term pivot structure is upward, although the latest medium red bar and TR120 short signal show a near-term countertrend reaction beneath the 30740 pivot-high resistance. Intermediate structure remains mixed because the HiLo pivot trend is still down despite August MSFG and price positioning above its F0% level. The broader 100-day, 200-day, and yearly grid trends remain constructive, while 30740 through 31090 defines the major overhead supply zone and 29028 to 28609.50 marks the principal nearby pivot and benchmark support area.