YM E-mini Dow ($5) Futures Daily Chart Analysis: 2026-May-04 07:09 CT

Price Action

Last: 49450,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -15%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -15%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 2%
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 50138,
4. Pvt. Next: Pvt Low 48940,
5. Levels R: 50901, 50138,
6. Levels S: 48808, 45052, 44484, 43108, 42569.

Daily Benchmarks

(Short-Term) 5 Day: 49426 Up Trend,
(Short-Term) 10 Day: 49466 Down Trend,
(Intermediate-Term) 20 Day: 48806 Up Trend,
(Intermediate-Term) 55 Day: 48474 Up Trend,
(Long-Term) 100 Day: 48779 Up Trend,
(Long-Term) 200 Day: 47893 Up Trend.

Additional Metrics

ATR: 629,
VOLMA: 117K.

Recent Trade Signals

04 May 2026: Short YM 06-26 @ 49553 Signals.USAR.TR120
04 May 2026: Short YM 06-26 @ 49537 Signals.USAR-WSFG
04 May 2026: Short YM 06-26 @ 49582 Signals.USAR-MSFG
04 May 2026: Short YM 06-26 @ 49525 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

The daily chart shows a strong recovery from the April selloff low near 45052 into a sharp rally back above the 20, 55, 100, and 200 day benchmarks, with price pressing into the upper pivot zone near 49500. Short-term momentum is firm and the swing pivot structure has flipped back to UTrend, while the higher-timeframe yearly bias remains supportive and above its F0%/NTZ reference. The chart is now trading in a rebound-and-retest phase near prior resistance and recent pivot highs, with the next visible overhead reference at 50138 and then 50901. The broader tape remains a higher-low / lower-high transition that has recently resolved upward, with volatility still elevated but directionally constructive.