NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Oct-16 07:07 CT
Price Action
- Last: 30330.25,
- Bars: Large,
- Mom: average.
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: UTrend,
- (Intermediate-Term) 2. HiLo Trend: Neutral,
- 3. Pvt. Evolve: Pvt high 31616.50,
- 4. Pvt. Next: Pvt low 29424.00,
- 5. Levels R: 31616.50,
- 6. Levels S: 27500.75, 23543.00, 17958.75, 17081.50, 15121.25.
Weekly Benchmarks
- (Short-Term) 5 Day: 30352.75 Up Trend,
- (Short-Term) 10 Day: 30258.00 Up Trend,
- (Intermediate-Term) 20 Day: 30033.00 Up Trend,
- (Intermediate-Term) 55 Day: 27940.00 Up Trend,
- (Long-Term) 100 Day: 25680.00 Up Trend,
- (Long-Term) 200 Day: 22397.25 Up Trend.
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: Neutral,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
The weekly structure remains broadly constructive, with price above the rising 20, 55, 100, and 200-period benchmarks and the yearly grid holding an upward bias. The latest swing sequence produced a new pivot high at 31616.50, but the weekly and monthly Fib grids remain below their F0% levels, defining the current action as a countertrend pullback within the larger advance. Price is rotating around the short-term 5- and 10-period averages near 30300, reflecting consolidation and two-sided volatility. The 29424.00 pivot-next level defines the nearby structural downside reference, while 31616.50 is the dominant swing resistance. Recent short WSFG, MSFG, and TR720 signals contrast with the newest TR120 long signal, confirming mixed short-term order flow against a still-positive long-term trend structure.
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.