NQ E-mini NASDAQ 100 Futures Weekly Chart Analysis: 2026-Oct-23 07:07 CT

Price Action

• Last: 29022.75,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -8%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -82%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 57%
• 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 29022.75,
• 4. Pvt. Next: Pvt high 31184.25,
• 5. Levels R: 31616.50,
• 6. Levels S: 29022.75, 27500.75, 23543.00, 17958.75.

Weekly Benchmarks

• (Short-Term) 5 Day: 30473.75 Down Trend,
• (Short-Term) 10 Day: 30183.75 Down Trend,
• (Intermediate-Term) 20 Day: 29959.25 Down Trend,
• (Intermediate-Term) 55 Day: 27992.00 Down Trend,
• (Long-Term) 100 Day: 25749.00 Up Trend,
• (Long-Term) 200 Day: 22470.25 Up Trend.

Recent Trade Signals

• 23 Oct 2026: Short NQ 12-26 @ 29097 Signals.USAR-WSFG
• 22 Oct 2026: Short NQ 12-26 @ 29544 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Weekly price action has shifted into a fast downside swing, trading below the 5, 10, and 20-week benchmarks and below both weekly and monthly Fib-grid centers. The short-term pivot structure is down, while the intermediate HiLo trend remains up, defining the decline as a substantial pullback within a still-bullish yearly structure. The 29022.75 pivot low is the immediate support reference; 27500.75 is the next major lower swing level. A recovery would encounter layered benchmark resistance from 29959.25 through 30473.75, followed by the 31184.25 pivot reversal level and 31616.50 major resistance.