ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-Jan-05 07:07 CT

Price Action

• Last: 6931.75,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 7%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -6%
• 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 6448.75,
• 5. Levels R: 7013.50, 6951.25, 6844.75,
• 6. Levels S: 6448.75, 6084.00, 4865.25, 4195.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 6878.75 Up Trend,
• (Intermediate-Term) 10 Week: 6796.25 Up Trend,
• (Long-Term) 20 Week: 6448.75 Up Trend,
• (Long-Term) 55 Week: 6140.89 Up Trend,
• (Long-Term) 100 Week: 5492.65 Up Trend,
• (Long-Term) 200 Week: 5460.75 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. Price action is consolidating near recent highs, with medium-sized bars and average momentum, suggesting a pause after a strong rally. Short-term and intermediate-term swing pivot trends have shifted to downtrends, with the most recent pivot high at 7013.50 and next support at 6448.75, indicating a corrective phase or pullback is underway. Despite this, all key moving averages from 5-week to 200-week remain in strong uptrends, reflecting robust underlying long-term strength. The WSFG and MSFG both show price above their respective NTZ/F0% levels and trending up, but the yearly grid (YSFG) signals price below its NTZ and a downtrend, hinting at possible longer-term resistance or exhaustion. Recent trade signals are mixed, with both short and long entries triggered in the last week, highlighting choppy, two-way action. Overall, the short- and intermediate-term outlooks are bearish due to pivot and trend reversals, while the long-term structure remains bullish, supported by rising benchmarks and higher lows. This environment is typical of a market digesting gains, with potential for further consolidation or a deeper retracement before the primary uptrend resumes.