
YM E-mini Dow ($5) Futures Daily Chart Analysis: 2026-May-06 07:08 CT
Price Action
- Last: 49924,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: 12%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 1%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 9%
- 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 50138,
- 4. Pvt. Next: Pvt Low 48944,
- 5. Levels R: 50901, 50138,
- 6. Levels S: 48808, 45052, 44484, 43108, 42569.
Daily Benchmarks
- (Short-Term) 5 Day: 49397 Up Trend,
- (Short-Term) 10 Day: 49418 Down Trend,
- (Intermediate-Term) 20 Day: 49105 Up Trend,
- (Intermediate-Term) 55 Day: 48528 Up Trend,
- (Long-Term) 100 Day: 48793 Up Trend,
- (Long-Term) 200 Day: 47930 Up Trend.
Additional Metrics
Recent Trade Signals
- 06 May 2026: Long YM 06-26 @ 49980 Signals.USAR-WSFG
- 06 May 2026: Long YM 06-26 @ 49557 Signals.USAR.TR120
- 04 May 2026: Short YM 06-26 @ 49582 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The daily structure remains firmly constructive, with price reclaiming the upper part of the recent April base and trading above the weekly, monthly, and yearly fib grid reference points. Swing pivot structure is aligned to the upside, with a fresh higher pivot high at 50138 and the next downside pivot reference at 48944, showing an active trending sequence rather than a stalled range. Benchmarks are broadly supportive: the 5-day, 20-day, 55-day, 100-day, and 200-day averages are all upward sloping, while the 10-day is the only mixed short-term benchmark. The rally from the April low has been sharp and fast, with large daily bars and elevated ATR, and the market is pressing into the upper resistance band near the 50,901 pivot after a strong recovery from the 45,052 swing low. From a swing trader perspective, the dominant theme is upward trend continuation with prior pullback zones now acting as reference support.
Chart Analysis ATS AI Generated: 2026-05-06 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.