ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-May-06 07:02 CT

Price Action

Last: 7349.0,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 28%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 19%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 31%
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 7386.25,
4. Pvt. Next: Pvt Low 7212.75,
5. Levels R: 7386.25,
6. Levels S: 6335.25, 6125.25, 5974.50, 5345.25, 5158.50.

Daily Benchmarks

(Short-Term) 5 Day: 7237.5 Up Trend,
(Short-Term) 10 Day: 7207.5 Up Trend,
(Intermediate-Term) 20 Day: 7104.5 Up Trend,
(Intermediate-Term) 55 Day: 6958.0 Up Trend,
(Long-Term) 100 Day: 6927.75 Up Trend,
(Long-Term) 200 Day: 6851.5 Up Trend.

Additional Metrics

ATR: 304.50,
VOLMA: 1638K.

Recent Trade Signals

06 May 2026: Long ES 06-26 @ 7311 Signals.USAR-WSFG
06 May 2026: Long ES 06-26 @ 7311.5 Signals.USAR-MSFG
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

The daily structure remains in a strong trend continuation phase after the April reversal low, with a sharp V-style recovery and a breakout to fresh highs. Price is holding well above the monthly, weekly, and yearly session fib midlines, and all benchmark moving averages are aligned upward in bullish order beneath price, confirming broad trend strength. Swing pivots remain in UTrend on both short and intermediate measures, with the current sequence showing higher highs and higher lows after the March-April selloff. Recent long signals across WSFG, MSFG, and TR120 reinforce the bullish trend profile, while the current expansion in candle range and momentum reflects active upside participation and a mature but still constructive breakout phase.