YM E-mini Dow ($5) Futures Daily Chart Analysis: 2026-Feb-24 07:11 CT

Price Action

• Last: 48598,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -58%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 48598,
• 4. Pvt. Next: Pvt high 50179,
• 5. Levels R: 50611, 50179, 50011, 49645, 49542,
• 6. Levels S: 48598, 48488, 48468, 48102, 47912.

Daily Benchmarks

• (Short-Term) 5 Day: 49463 Down Trend,
• (Short-Term) 10 Day: 49710 Down Trend,
• (Intermediate-Term) 20 Day: 49542 Down Trend,
• (Intermediate-Term) 55 Day: 48362 Up Trend,
• (Long-Term) 100 Day: 46576 Up Trend,
• (Long-Term) 200 Day: 46678 Up Trend.

Additional Metrics

• ATR: 512,
• VOLMA: 108292.

Recent Trade Signals

• 23 Feb 2026: Short YM 03-26 @ 48938 Signals.USAR.TR720
• 23 Feb 2026: Short YM 03-26 @ 49374 Signals.USAR.TR120
• 20 Feb 2026: Short YM 03-26 @ 49405 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The YM E-mini Dow futures daily chart shows a market in transition. Short-term momentum is slow and the price is trading below key short-term moving averages, with the 5, 10, and 20-day MAs all trending down, confirming a bearish short-term environment. The most recent swing pivot has shifted to a new low at 48598, with the next potential resistance at 50179, and several resistance levels stacked above current price, indicating overhead supply. The weekly session fib grid (WSFG) trend is down, with price below the NTZ, reinforcing short-term bearishness. However, the intermediate-term (monthly fib grid) trend remains up, with price above the NTZ, and the 55, 100, and 200-day moving averages are still in uptrends, suggesting underlying longer-term support. Recent trade signals have been to the short side, aligning with the short-term downtrend. Volatility (ATR) is moderate, and volume is steady. Overall, the market is experiencing a short-term pullback or correction within a broader, neutral-to-upward intermediate and long-term context, with potential for further downside testing of support before any sustained recovery.