ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-Feb-24 07:04 CT

Price Action

• Last: 6846.00,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -36%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -13%
• 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 6791.00,
• 4. Pvt. Next: Pvt High 6929.25,
• 5. Levels R: 7043.00, 7027.25, 7011.50, 6950.00, 6929.25,
• 6. Levels S: 6848.25, 6771.50, 6684.75.

Daily Benchmarks

• (Short-Term) 5 Day: 6831.25 Down Trend,
• (Short-Term) 10 Day: 6881.25 Down Trend,
• (Intermediate-Term) 20 Day: 6926.75 Down Trend,
• (Intermediate-Term) 55 Day: 6886.75 Down Trend,
• (Long-Term) 100 Day: 6788.75 Up Trend,
• (Long-Term) 200 Day: 6622.75 Up Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1,611,996.

Recent Trade Signals

• 23 Feb 2026: Short ES 03-26 @ 6849.5 Signals.USAR.TR120
• 19 Feb 2026: Long ES 03-26 @ 6882.75 Signals.USAR-WSFG
• 16 Feb 2026: Short ES 03-26 @ 6878 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The ES E-mini S&P 500 Futures daily chart is showing a clear short-term and intermediate-term bearish bias, with price action below all key session fib grid levels (weekly, monthly, yearly) and below the NTZ center lines. Both the short-term and intermediate-term swing pivot trends are down, with the most recent pivot evolving at a swing low (6791.00) and the next reversal level at a swing high (6929.25). Resistance levels are stacked above, while support is clustered just below the current price, suggesting a potential test of lower levels if selling persists. All short and intermediate-term moving averages are trending down, reinforcing the bearish momentum, while the long-term 100 and 200 day MAs remain in uptrend, indicating the broader bull trend is still intact but under pressure. ATR remains elevated, reflecting ongoing volatility, and volume is steady but not spiking. Recent trade signals have flipped between short and long, but the latest is a short, aligning with the prevailing trend. Overall, the market is in a corrective phase within a longer-term uptrend, with sellers in control in the near term and key support levels in focus for potential stabilization or further downside.