NQ E-mini NASDAQ 100 Futures Daily Chart Analysis: 2026-Oct-16 07:07 CT
Price Action
- Last: 30100.25,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: -108%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Oct
- Intermediate-Term
- MSFG Current: -36%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 78%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 29632.50,
- 4. Pvt. Next: Pvt high 30534.00,
- 5. Levels R: 31616.50,
- 6. Levels S: 29822.50, 29053.00, 27500.75, 23853.00, 22831.00.
Daily Benchmarks
- (Short-Term) 5 Day: 30625 Down Trend,
- (Short-Term) 10 Day: 30936 Down Trend,
- (Intermediate-Term) 20 Day: 30807.5 Down Trend,
- (Intermediate-Term) 55 Day: 30220.5 Up Trend,
- (Long-Term) 100 Day: 30085.25 Up Trend,
- (Long-Term) 200 Day: 28344.75 Up Trend.
Additional Metrics
- ATR: 1618,
- VOLMA: 626746.
Recent Trade Signals
- 16 Oct 2026: Long NQ 12-26 @ 30201.25 Signals.USAR.TR120
- 14 Oct 2026: Short NQ 12-26 @ 30330.25 Signals.USAR.TR720
- 14 Oct 2026: Short NQ 12-26 @ 30475.5 Signals.USAR-MSFG
- 12 Oct 2026: Short NQ 12-26 @ 30960.75 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
The daily structure shows a fast, high-range pullback from the 31616.50 pivot high, with price below the weekly and monthly Fibonacci grids and below the declining 5-, 10-, and 20-day benchmarks. The short-term pivot trend is down, while the larger HiLo structure remains up and price remains marginally above the rising 100-day average, defining the decline as a meaningful countertrend retracement within a still-positive long-term structure. The 30220.50 55-day average and 30534.00 next pivot-high level frame nearby overhead pressure, while 29822.50 is the first pivotal downside support. Elevated ATR and large recent bars reflect an active volatility expansion following the October rejection from the highs.
Chart Analysis ATS AI Generated: 2026-10-16 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.