ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-Feb-23 07:05 CT

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -15%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -17%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -9%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 3. Pvt. Evolve: Pvt high 7040.00,
• 4. Pvt. Next: Pvt low 6569.00,
• 5. Levels R: 7040.00, 6884.00,
• 6. Levels S: 6569.00, 6239.00, 6065.25, 4865.25, 4195.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 6827.5 Up Trend,
• (Intermediate-Term) 10 Week: 6684.0 Up Trend,
• (Long-Term) 20 Week: 6384.0 Up Trend,
• (Long-Term) 55 Week: 6239.0 Up Trend,
• (Long-Term) 100 Week: 5703.0 Up Trend,
• (Long-Term) 200 Week: 5556.32 Up Trend.

Recent Trade Signals

• 19 Feb 2026: Long ES 03-26 @ 6882.75 Signals.USAR-WSFG
• 18 Feb 2026: Long ES 03-26 @ 6894.25 Signals.USAR.TR120
• 16 Feb 2026: Short ES 03-26 @ 6878 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The ES E-mini S&P 500 Futures weekly chart shows a market that has recently experienced a pullback, with price currently below the NTZ center line across short, intermediate, and long-term Fibonacci grids, indicating a corrective phase. However, the swing pivot structure remains in an uptrend on the short-term, with the most recent pivot high at 7040.00 acting as resistance and the next significant support at 6569.00. All benchmark moving averages from 5-week to 200-week are trending upward, reflecting underlying long-term strength despite the current retracement. Recent trade signals show mixed short-term and intermediate-term activity, with both long and short entries triggered in the last week, highlighting a choppy and indecisive environment. Overall, while the short and intermediate-term outlooks are neutral due to the ongoing consolidation and pullback, the long-term trend remains bullish, supported by higher lows and rising moving averages. The market is in a consolidation phase after a strong rally, with key levels to watch for potential breakout or further retracement.