NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Aug-07 07:06 CT
Price Action
- Last: 29747.00,
- Bars: Small,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 76%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Aug
- Intermediate-Term
- MSFG Current: 36%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 74%
- 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 30074.00,
- 4. Pvt. Next: Pvt low 28609.50,
- 5. Levels R: 31090.00, 30975.50, 30074.00,
- 6. Levels S: 27201.50, 23243.75, 22551.75, 22271.00, 21994.50.
Daily Benchmarks
- (Short-Term) 5 Day: 29522.50 Up Trend,
- (Short-Term) 10 Day: 29623.75 Up Trend,
- (Intermediate-Term) 20 Day: 28950.25 Up Trend,
- (Intermediate-Term) 55 Day: 29044.25 Up Trend,
- (Long-Term) 100 Day: 28778.50 Up Trend,
- (Long-Term) 200 Day: 27123.25 Up Trend.
Additional Metrics
- ATR: 1448.50,
- 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: Bullish,
- Long-Term: Bullish.
Key Insights Summary
NQ has produced a fast V-shaped recovery from the late-July low near 27200 and remains above the rising 5-, 20-, 55-, 100-, and 200-day benchmarks. The short-term pivot trend and weekly grid remain upward, while the August monthly grid also holds an upward bias. The market is consolidating beneath the newly established 30074 pivot-high resistance after a high-velocity rebound, with smaller recent bars indicating a pause in momentum rather than a broad trend reversal. The intermediate HiLo pivot structure remains DTrend, reflecting the prior July decline and leaving 30074 as the key overhead swing reference; 28609.50 defines the opposite short-term pivot threshold. Long-term structure remains firmly constructive with price substantially above the 200-day benchmark and the yearly grid positioned in the upper range.
Chart Analysis ATS AI Generated: 2026-08-07 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.