NQ E-mini NASDAQ 100 Futures Weekly 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: UTrend,
3. Pvt. Evolve: Pvt high 30370.00,
4. Pvt. Next: Pvt low 27279.00,
5. Levels R: 31090.00, 30074.00,
6. Levels S: 27201.50, 23243.75, 17659.50, 16782.25, 14822.00, 13897.00.

Weekly Benchmarks

(Short-Term) 5 Day: 29009.50 Up Trend,
(Short-Term) 10 Day: 29508.75 Down Trend,
(Intermediate-Term) 20 Day: 28253.00 Up Trend,
(Intermediate-Term) 55 Day: 26608.00 Up Trend,
(Long-Term) 100 Day: 24571.25 Up Trend,
(Long-Term) 200 Day: 21333.00 Up Trend.

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: Bullish,
Long-Term: Bullish.

Key Insights Summary

The weekly structure remains broadly constructive: price is above the weekly, monthly, and yearly F0% levels, both pivot trend measures are in UTrend, and price remains above all major rising intermediate- and long-term benchmarks. The advance from the 27279 pivot low produced a fast recovery toward the 30074 to 30370 resistance area, where the chart is showing a pullback and short-term signal conflict. The 10 Day benchmark is turning down near current price while the 5 Day and higher-period averages remain rising, characterizing the current action as a short-term retracement within a larger uptrend. The 30074 and 30370 area defines the recent upper swing range, while 27279 to 27201.50 is the major visible weekly support zone.