NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Oct-19 07:07 CT

Price Action

Last: 29452.25,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 41%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Oct

Intermediate-Term
MSFG Current: -53%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 70%
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 29262.00,
4. Pvt. Next: Pvt high 31369.00,
5. Levels R: 31616.50,
6. Levels S: 29262.00, 27500.75, 23543.00, 17958.75, 17081.50.

Weekly Benchmarks

(Short-Term) 5 Day: 30473.75 Down Trend,
(Short-Term) 10 Day: 30183.75 Down Trend,
(Intermediate-Term) 20 Day: 29950.25 Down Trend,
(Intermediate-Term) 55 Day: 27992.00 Up Trend,
(Long-Term) 100 Day: 25749.00 Up Trend,
(Long-Term) 200 Day: 22470.50 Up Trend.

Recent Trade Signals

16 Oct 2026: Short NQ 12-26 @ 29452.25 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 weekly structure reflects a sharp counter-trend selloff from the 31616.50 resistance pivot, producing fast downside momentum and placing price below the 5, 10, and 20-period benchmarks. Short-term pivot structure is in DTrend and recent signals are uniformly short, while 29262.00 is the immediate pivot-support reference. The broader swing structure remains constructive: the intermediate HiLo trend is UTrend, price remains above the rising 55, 100, and 200-period benchmarks, and the yearly fib-grid trend is up. This is a short-term breakdown within a still-bullish longer-term advance, with 31369.00 to 31616.50 defining the major overhead pivot-resistance zone and 27500.75 the next significant lower support.