ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-May-05 07:02 CT

Price Action

• Last: 7258.50,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: 22%
• 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 7300.75,
• 4. Pvt. Next: Pvt Low 7150.25,
• 5. Levels R: 7300.75,
• 6. Levels S: 6935.25, 6125.25, 5974.50, 5345.25, 5158.50.

Daily Benchmarks

• (Short-Term) 5 Day: 7214.25 Up Trend,
• (Short-Term) 10 Day: 7188.75 Up Trend,
• (Intermediate-Term) 20 Day: 7073.00 Up Trend,
• (Intermediate-Term) 55 Day: 6945.75 Up Trend,
• (Long-Term) 100 Day: 6924.75 Up Trend,
• (Long-Term) 200 Day: 6847.50 Up Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1611996.

Recent Trade Signals

• 05 May 2026: Short ES 06-26 @ 7239.75 Signals.USAR-WSFG
• 30 Apr 2026: Long ES 06-26 @ 7224.75 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

ES is in a powerful recovery and breakout phase after the April washout, with price pushing sharply above the entire benchmark stack and pressing into the prior swing high near 7300.75. The short-term swing pivot structure is still UTrend and the HiLo trend remains UTrend as well, confirming the upside sequence of higher highs and higher lows. Weekly Fib structure is still negative at -7% and below its NTZ, so the weekly session context remains underneath price even as the daily trend has accelerated higher. Monthly Fib is neutral at 0%, reflecting a transition zone after the rebound, while the yearly context stays constructive with price above the annual midpoint. The chart reflects strong trend continuation behavior, with a steep rally off the 6353.25 swing low, then an orderly advance through benchmark resistance into fresh expansion near overhead pivot resistance.