RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-May-05 07:06 CT

Price Action

• Last: 2821.4,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -2%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 45%
• 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 2834.8,
• 4. Pvt. Next: Pvt Low 2736.4,
• 5. Levels R: 2834.8,
• 6. Levels S: 2726.1, 2409.4, 2336.7, 2201.2, 2142.4.

Daily Benchmarks

• (Short-Term) 5 Day: 2789.4 Up Trend,
• (Short-Term) 10 Day: 2789.4 Up Trend,
• (Intermediate-Term) 20 Day: 2742.1 Up Trend,
• (Intermediate-Term) 55 Day: 2665.1 Up Trend,
• (Long-Term) 100 Day: 2633.2 Up Trend,
• (Long-Term) 200 Day: 2539.3 Up Trend.

Additional Metrics

• ATR: 405,
• VOLMA: 169463.

Recent Trade Signals

• 04 May 2026: Short RTY 06-26 @ 2802.5 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 trading back at the upper end of its daily range after a sharp recovery from the early-April swing low, with price pressing into the prior high zone and holding well above the 20, 55, 100, and 200 day benchmarks. The current pivot structure remains in UTrend on both the short-term and intermediate-term measures, while the benchmark stack is aligned higher across all major daily averages, supporting an upward trend profile. The weekly fib context is still negative and sits below its F0%/NTZ reference, but the monthly and yearly session fib grids remain positive, reflecting a broader constructive backdrop after the spring rebound. Recent action shows a fast momentum leg into resistance, followed by consolidation near the highs, which is consistent with a strong trend phase with potential test-and-reaction behavior around the 2834.8 pivot high.