ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-Mar-23 07:04 CT

Price Action

• Last: 6655.75,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 57%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: -96%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -38%
• 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 6438.00,
• 4. Pvt. Next: Pvt high 6733.00,
• 5. Levels R: 7077.00, 7007.75, 6901.75, 6733.00,
• 6. Levels S: 6827.21, 6438.00, 5345.25.

Daily Benchmarks

• (Short-Term) 5 Day: 6685 Down Trend,
• (Short-Term) 10 Day: 6827.25 Down Trend,
• (Intermediate-Term) 20 Day: 6901.75 Down Trend,
• (Intermediate-Term) 55 Day: 6876.00 Down Trend,
• (Long-Term) 100 Day: 6933.75 Down Trend,
• (Long-Term) 200 Day: 6755.49 Down Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1611996.

Recent Trade Signals

• 20 Mar 2026: Short ES 06-26 @ 6632 Signals.USAR-WSFG
• 18 Mar 2026: Short ES 06-26 @ 6730.5 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 are exhibiting pronounced downside momentum, with large daily bars and fast momentum confirming strong selling pressure. The short-term WSFG trend is up, but price has decisively broken below both the monthly and yearly session fib grids, with both intermediate and long-term trends pointing down. All benchmark moving averages across timeframes are in downtrends, reinforcing the prevailing bearish structure. Swing pivot analysis shows a dominant downtrend in both short and intermediate terms, with the most recent pivot low at 6438.00 and resistance levels stacked well above current price. Recent trade signals have triggered short entries, aligning with the broader technical weakness. Volatility remains elevated (ATR 319), and volume is robust, suggesting active participation in this move. The market is in a clear corrective or sell-off phase, with no immediate signs of reversal, and is currently testing lower support levels after breaking down from consolidation ranges seen earlier in the year.