ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-May-05 07:03 CT

Price Action

• Last: 7258.00,
• 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 6824.25,
• 5. Levels R: 7300.75,
• 6. Levels S: 6353.25, 5292.00, 4705.00, 4515.00, 4245.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 7014.75 Up Trend,
• (Short-Term) 10 Day: 6846.25 Up Trend,
• (Intermediate-Term) 20 Day: 6917.25 Up Trend,
• (Intermediate-Term) 55 Day: 6887.25 Up Trend,
• (Long-Term) 100 Day: 6403.75 Up Trend,
• (Long-Term) 200 Day: 5707.00 Up Trend.

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: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

Weekly structure remains in a powerful long-term uptrend, with price holding well above all benchmark moving averages and the yearly session fib grid staying above F0%, confirming a bullish macro backdrop. At the same time, the weekly session fib grid is negative and price is pressing above the prior swing high area after a fast advance, which keeps the short-term tone bearish-to-choppy as the market works through an extended move. The swing pivot state shows an active UTrend with the next pivot reference down near 6824.25, while resistance is concentrated at 7300.75. This combination reflects a strong trend hierarchy: long-term bullish, intermediate-term balanced, and short-term stretched with rotation risk after a sharp weekly rally.