ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-May-07 07:03 CT
Price Action
- Last: 7394.25,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 47%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 29%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 35%
- 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 7410.50,
- 4. Pvt. Next: Pvt Low 6917.00,
- 5. Levels R: 7410.50,
- 6. Levels S: 6353.25, 5292.00, 4705.00, 4515.00, 4245.25.
Weekly Benchmarks
- (Short-Term) 5 Day: 7014.75 Up Trend,
- (Short-Term) 10 Day: 6846.25 Up Trend,
- (Intermediate-Term) 20 Day: 6917.25 Up Trend,
- (Intermediate-Term) 55 Day: 6887.25 Up Trend,
- (Long-Term) 100 Day: 6403.75 Up Trend,
- (Long-Term) 200 Day: 5707.00 Up Trend.
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 weekly chart remains in a strong trend-extension phase with price pressing to fresh highs near 7394.25 after a fast upside impulse. The swing structure is firmly UTrend on both the short-term pivot and the broader hi/lo trend, while all benchmark moving averages are aligned in rising order below price, confirming a persistent bullish sequence. WSFG, MSFG, and YSFG all show price above F0%/NTZ with uptrend bias, which keeps the market positioned in the upper half of its yearly, monthly, and weekly framework. Recent long signals across WSFG, MSFG, and TR120 reinforce that the current move is an active trend continuation rather than a stalled range. The main technical feature is a mature but still intact upside climb, with prior pullbacks resolving higher and resistance giving way into higher highs, higher lows, and breakout follow-through.
Chart Analysis ATS AI Generated: 2026-05-07 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.