ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-Feb-02 07:07 CT

Price Action

• Last: 6910.48,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -2%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -4%
• 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 Low 6845.5,
• 4. Pvt. Next: Pvt High 7043,
• 5. Levels R: 7043, 7025.5, 6937.25,
• 6. Levels S: 6845.5, 6822.25, 6771.5, 6584.75.

Daily Benchmarks

• (Short-Term) 5 Day: 6985.25 Down Trend,
• (Short-Term) 10 Day: 6986.5 Down Trend,
• (Intermediate-Term) 20 Day: 6954.55 Down Trend,
• (Intermediate-Term) 55 Day: 6950.4 Down Trend,
• (Long-Term) 100 Day: 6850.5 Up Trend,
• (Long-Term) 200 Day: 6596.4 Up Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1611996.

Recent Trade Signals

• 02 Feb 2026: Short ES 03-26 @ 6917.5 Signals.USAR-WSFG
• 02 Feb 2026: Short ES 03-26 @ 6875.25 Signals.USAR-MSFG
• 29 Jan 2026: Short ES 03-26 @ 6937.25 Signals.USAR.TR120
• 28 Jan 2026: Long ES 03-26 @ 7027 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

The ES E-mini S&P 500 Futures are exhibiting pronounced downside momentum, with large, fast-moving bars confirming strong selling pressure. All major session fib grid trends (weekly, monthly, yearly) are aligned to the downside, and price is trading below the key NTZ/F0% levels, reinforcing a bearish bias across all timeframes. Swing pivot analysis shows a dominant downtrend in both short- and intermediate-term, with the most recent pivot evolving at a lower support and the next reversal level set significantly higher, suggesting bears are in control unless a sharp reversal occurs. Resistance levels are clustered above 6900, while support is layered down to the 6580s, indicating room for further declines if selling persists. All short- and intermediate-term moving averages are trending down, with only the long-term 100 and 200 day MAs still holding an uptrend, but these are at risk if current momentum continues. Volatility remains elevated (ATR 319), and volume is robust, supporting the strength of the current move. Recent trade signals have shifted decisively to the short side, reflecting the prevailing trend. Overall, the technical landscape is bearish, with the market in a clear corrective or potentially impulsive sell-off phase, and no immediate signs of reversal or stabilization.