ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-Jan-16 07:07 CT

Price Action

• Last: 6992.25,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -13%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 34%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 1%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 7038.5,
• 4. Pvt. Next: Pvt low 6523.25,
• 5. Levels R: 7038.5, 6986.25, 6844.75,
• 6. Levels S: 6523.25, 6300.00, 6169.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 6861.43 Up Trend,
• (Intermediate-Term) 10 Week: 6486.73 Up Trend,
• (Long-Term) 20 Week: 6302.6 Up Trend,
• (Long-Term) 55 Week: 6156.3 Up Trend,
• (Long-Term) 100 Week: 5502.25 Up Trend,
• (Long-Term) 200 Week: 4965.75 Up Trend.

Recent Trade Signals

• 15 Jan 2026: Long ES 03-26 @ 6999 Signals.USAR.TR120
• 14 Jan 2026: Short ES 03-26 @ 6986.25 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The ES E-mini S&P 500 Futures weekly chart shows a market that remains in a strong long-term and intermediate-term uptrend, supported by all major moving averages trending higher and price holding above key yearly and monthly session fib grid levels. The short-term picture is more mixed, with the weekly session fib grid indicating a downward bias and recent price action consolidating just below recent highs. Swing pivots confirm the uptrend with higher highs and higher lows, but the proximity to resistance at 7038.5 and 6986.25 suggests the market is testing a significant level. Recent trade signals reflect this indecision, with both long and short signals triggered in the last week. Overall, the market is in a bullish structure on higher timeframes, but short-term traders may see choppy or consolidative action as the market digests gains and tests resistance. Watch for resolution of this range to determine the next directional move.