
YM E-mini Dow ($5) Futures Weekly Chart Analysis: 2026-May-05 07:09 CT
Price Action
- Last: 49238,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: -26%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -22%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: -1%
- F0%/NTZ' Bias: Price Below,
- YSFG Trend: Down.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt High 49011,
- 4. Pvt. Next: Pvt Low 46828,
- 5. Levels R: 50901, 50138,
- 6. Levels S: 45052, 39331, 36147, 33476.
Weekly Benchmarks
- (Short-Term) 5 Day: 48867 Up Trend,
- (Short-Term) 10 Day: 47873 Up Trend,
- (Intermediate-Term) 20 Day: 48735 Up Trend,
- (Intermediate-Term) 55 Day: 47199 Up Trend,
- (Long-Term) 100 Day: 45650 Up Trend,
- (Long-Term) 200 Day: 42215 Up Trend.
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
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
The weekly chart shows a strong rebound from the spring selloff back into the upper portion of the 2026 yearly NTZ, but price is still positioned below the yearly F0% midpoint and remains inside a bearish session-fib framework. Short-term structure is mixed-to-bearish: the pivot trend is up, yet the weekly and monthly fib grids are both trending down and the recent signal set is dominated by short entries. Intermediate-term structure remains in a downphase with a lower-high/lower-low pivot rhythm still visible from the prior swing failure, while the recovery leg has pushed price back toward overhead resistance. Long-term trend quality is better than the fib grid suggests, with price holding above the rising 20, 55, 100, and 200 day benchmarks, which keeps the broader weekly structure constructive despite the current downside bias from the yearly grid. Key reference levels are resistance at 50138 and 50901, with support at 45052 followed by 39331, 36147, and 33476.
Chart Analysis ATS AI Generated: 2026-05-05 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.