ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-Mar-05 07:04 CT

Price Action

• Last: 6866.75,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 22%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: 16%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -11%
• 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 6718.75,
• 4. Pvt. Next: Pvt high 6903.75,
• 5. Levels R: 7043.00, 7041.25, 7027.25, 6903.75,
• 6. Levels S: 6718.75, 6584.75.

Daily Benchmarks

• (Short-Term) 5 Day: 6881.25 Down Trend,
• (Short-Term) 10 Day: 6887.75 Down Trend,
• (Intermediate-Term) 20 Day: 6904.75 Down Trend,
• (Intermediate-Term) 55 Day: 6931.25 Down Trend,
• (Long-Term) 100 Day: 6903.75 Down Trend,
• (Long-Term) 200 Day: 6866.00 Up Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1,611,996.

Recent Trade Signals

• 05 Mar 2026: Long ES 03-26 @ 6870 Signals.USAR-MSFG
• 05 Mar 2026: Long ES 03-26 @ 6865.5 Signals.USAR-WSFG
• 04 Mar 2026: Long ES 03-26 @ 6888.5 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The ES E-mini S&P 500 Futures daily chart shows a market under pressure, with recent price action characterized by large, fast-moving bars and a decisive downward momentum. Both the short-term and intermediate-term swing pivot trends are in a downtrend, with the most recent pivot low at 6718.75 and resistance levels clustered above 6900. All key moving averages except the 200-day are trending down, reinforcing the prevailing bearish sentiment. Despite the WSFG and MSFG grids indicating price above their respective NTZ centers and an upward trend, the broader context is dominated by a year-long downtrend and persistent resistance overhead. Volatility remains elevated (ATR 319), and volume is robust, suggesting active participation during this decline. Recent trade signals have triggered long entries, possibly anticipating a short-term bounce or mean reversion, but the overall technical structure remains weak. The market is currently testing support, and unless a strong reversal develops, the path of least resistance appears lower, with rallies likely facing significant overhead supply.