The ES E-mini S&P 500 Futures weekly chart shows a market in a corrective phase after a strong multi-month uptrend. Price is currently below the key NTZ (neutral zone) levels on the weekly, monthly, and yearly session fib grids, with all three timeframes showing a downward trend bias. Swing pivots confirm a short-term and intermediate-term downtrend, with the most recent pivot high at 7040 acting as resistance and the next significant support at 6569.00. Multiple resistance levels cluster just above current price, while support levels are spaced further below, suggesting a potential for further downside if selling pressure persists. Benchmark moving averages show short- and intermediate-term weakness, as both the 5- and 10-week MAs are trending down and price is below them. However, the longer-term 20-, 55-, 100-, and 200-week MAs remain in uptrends, indicating that the broader bull market structure is still intact despite the current pullback. Recent trade signals have alternated between short and long, reflecting choppy, corrective price action and a lack of clear momentum. Overall, the short- and intermediate-term outlook is bearish, with the market in a retracement or consolidation phase within a longer-term bullish trend. The technical setup suggests the market is digesting gains after a strong rally, with volatility and two-way trade likely as price tests support and resistance zones. Swing traders will be watching for signs of stabilization or reversal at key support levels, or for a breakdown that could trigger a deeper correction.