ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-Jan-04 18:04 CT

Price Action

• Last: 6901.25,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -4%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 7013.50,
• 4. Pvt. Next: Pvt low 6448.87,
• 5. Levels R: 7013.50, 6901.25,
• 6. Levels S: 6448.87, 5844.75, 5242.25, 4195.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 6878.75 Down Trend,
• (Intermediate-Term) 10 Week: 6796.25 Down Trend,
• (Long-Term) 20 Week: 6448.75 Up Trend,
• (Long-Term) 55 Week: 6140.98 Up Trend,
• (Long-Term) 100 Week: 6050.75 Up Trend,
• (Long-Term) 200 Week: 5492.65 Up Trend.

Recent Trade Signals

• 02 Jan 2026: Long ES 03-26 @ 6935.75 Signals.USAR-MSFG
• 30 Dec 2025: Short ES 03-26 @ 6955.5 Signals.USAR-WSFG
• 29 Dec 2025: Short ES 03-26 @ 6951.25 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The ES E-mini S&P 500 Futures weekly chart shows a market in transition. Short-term and intermediate-term trends have shifted to the downside, as indicated by the downward WSFG and MSFG trends, declining swing pivot structure, and recent short trade signals. Price is currently below the key NTZ/F0% levels on both the weekly and yearly session grids, reinforcing a bearish short-term bias. The most recent swing high at 7013.50 acts as resistance, while the next significant support is at 6448.87, with further levels below. Despite this, the long-term structure remains bullish, supported by all major long-term moving averages trending upward and price holding well above the 200-week benchmark. This suggests that while the market is experiencing a corrective phase or pullback within a broader uptrend, the underlying long-term momentum remains intact. The environment is characterized by a potential retracement or consolidation after a strong rally, with volatility and choppy price action likely as the market tests support levels and digests recent gains.