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

Price Action

• Last: 2821.2,
• 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 2576.7,
• 5. Levels R: 2834.8,
• 6. Levels S: 2409.4, 2336.7, 1779.7.

Weekly Benchmarks

• (Short-Term) 5 Day: 2716.1 Up Trend,
• (Short-Term) 10 Day: 2618.9 Up Trend,
• (Intermediate-Term) 20 Day: 2629.9 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

• 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 pressing into new weekly highs with strong upside momentum, holding well above all benchmark moving averages and remaining in an established higher-highs/higher-lows structure. The short-term WSFG read is still negative, which reflects a near-term stretched or countertrend condition, but the price action has already reclaimed the monthly and yearly fib bias zones and is trading near the upper edge of the yearly NTZ. Swing pivots remain in UTrend with the prior high at 2834.8 acting as the nearest resistance reference, while support is layered below at 2409.4, 2336.7, and 1779.7. The overall pattern is a mature recovery/rally phase with breakout characteristics, trend continuation strength, and only brief pullback risk versus the broader bullish swing structure.