
RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-May-06 07:06 CT
Price Action
- Last: 2904.0,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 55%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 37%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 58%
- 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 2918.4,
- 4. Pvt. Next: Pvt Low 2817.8,
- 5. Levels R: 2918.4,
- 6. Levels S: 2726.1, 2409.4, 2336.7, 2201.2, 2142.4.
Daily Benchmarks
- (Short-Term) 5 Day: 2806.5 Up Trend,
- (Short-Term) 10 Day: 2797.7 Up Trend,
- (Intermediate-Term) 20 Day: 2671.8 Up Trend,
- (Intermediate-Term) 55 Day: 2571.8 Up Trend,
- (Long-Term) 100 Day: 2635.8 Up Trend,
- (Long-Term) 200 Day: 2542.1 Up Trend.
Additional Metrics
Recent Trade Signals
- 06 May 2026: Long RTY 06-26 @ 2858.8 Signals.USAR-MSFG
- 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 fresh swing-high territory with a strong upside impulse and price holding well above the 5, 10, 20, 55, 100, and 200-day benchmarks, which keeps the trend structure firmly constructive across timeframes. The short-term swing pivot trend remains UTrend, and the next pivot map still points to a lower pivot reference at 2817.8 while the active resistance is the 2918.4 pivot high. The chart shows a clean recovery from the April low near 2409.4, a V-shaped advance, and renewed acceptance above the monthly and yearly fib grids, with the current monthly and weekly session positions both above F0%/NTZ. Momentum is fast, volatility is elevated, and the tape is extending higher after a consolidation and breakout sequence, with the recent signal stack turning back in favor of the upside after the earlier short-term pullback.
Chart Analysis ATS AI Generated: 2026-05-06 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.