RTY E-mini Russell 2000 Index Futures Weekly Chart Analysis: 2026-May-04 07:07 CT

Price Action

• Last: 2806.7,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -13%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

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

YSFG Year 2026

• Long-Term
• YSFG Current: 42%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 2832.7,
• 4. Pvt. Next: Pvt Low 2576.7,
• 5. Levels R: 2832.7,
• 6. Levels S: 2409.4, 2338.7, 1779.7, 1680.6, 1197.0.

Weekly Benchmarks

• (Short-Term) 5 Day: 2716.1 Up Trend,
• (Short-Term) 10 Day: 2618.9 Up Trend,
• (Intermediate-Term) 20 Day: 2529.9 Up Trend,
• (Intermediate-Term) 55 Day: 2500.5 Up Trend,
• (Long-Term) 100 Day: 2382.1 Up Trend,
• (Long-Term) 200 Day: 2244.1 Up Trend.

Recent Trade Signals

• 01 May 2026: Long RTY 06-26 @ 2815.6 Signals.USAR-WSFG
• 30 Apr 2026: Long RTY 06-26 @ 2797.3 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

RTY is pressing into the upper end of the 2026 yearly NTZ after a sharp weekly expansion, with the last price holding above all benchmark moving averages and the entire MA stack aligned upward. The short-term WSFG remains below F0% and still reads down, but the swing structure has flipped back to UTrend and the latest long signals reinforce the breakout attempt. Intermediate structure is also constructive despite the May monthly grid sitting slightly below F0%, while the yearly grid stays firmly positive and supports the broader uptrend. The current tape shows strong upward momentum, large weekly bars, higher highs, and a recovery sequence that has carried price back toward the prior swing high at 2832.7, with the next lower pivot support marked at 2576.7.