
RTY E-mini Russell 2000 Index Futures Weekly Chart Analysis: 2026-May-06 07:06 CT
Price Action
- Last: 2904.5,
- 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 2850.0,
- 5. Levels R: 2918.4,
- 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
- 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 holding a strong weekly uptrend with price well above all benchmark moving averages and above the yearly and monthly fib grid center zones. The structure shows a powerful trend expansion from the 2025 swing low into a fresh 2026 high near 2918.4, followed by a pullback that held above the prior breakout area and then resumed higher. Short-term pivot structure remains UTrend, and the higher-timeframe HiLo trend is also aligned to the upside, keeping the swing profile constructive. The recent sequence of signals shows a brief countertrend short on the weekly session grid, but the dominant pattern is the larger bullish continuation with higher highs, higher lows, and price discovery near the top of the yearly range.
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.