ETH CME Ether Futures Daily Chart Analysis: 2026-May-07 07:03 CT
Price Action
- Last: 2334.0,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: -2%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: 7%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: -26%
- F0%/NTZ' Bias: Price Below,
- YSFG Trend: Down.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt High 2435.5,
- 4. Pvt. Next: Pvt Low 2255.5,
- 5. Levels R: 5023.5, 4883.5, 4397.5, 4343.0, 3735.0,
- 6. Levels S: 2227.0, 1955.0, 1933.5, 1829.0, 1771.0.
Daily Benchmarks
- (Short-Term) 5 Day: 2338.5 Up Trend,
- (Short-Term) 10 Day: 2320.0 Up Trend,
- (Intermediate-Term) 20 Day: 2331.0 Up Trend,
- (Intermediate-Term) 55 Day: 2321.0 Up Trend,
- (Long-Term) 100 Day: 2464.5 Down Trend,
- (Long-Term) 200 Day: 2323.5 Down Trend.
Additional Metrics
Recent Trade Signals
- 07 May 2026: Short ETH 05-26 @ 2328 Signals.USAR.TR120
- 06 May 2026: Long ETH 05-26 @ 2383 Signals.USAR-MSFG
- 06 May 2026: Long ETH 05-26 @ 2374.5 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bearish.
Key Insights Summary
ETH futures are in a sharp daily selloff with a large downside candle, fast momentum, and price trading below the weekly session bias while still sitting above the May monthly F0%/NTZ, creating a mixed but fragile intermediate backdrop. Short-term pivot structure remains in UTrend, but the next pivot is still defined by the lower swing low at 2255.5, keeping downside pressure active after the rejection from the 2435.5 pivot high. Daily benchmarks are clustered just under current price on the 5, 10, 20, and 55 day measures, while the 100 and 200 day benchmarks remain in down trend, reinforcing a broader corrective-to-bearish structure. The current pattern reflects a strong impulse lower after a prior rally, with the market now testing whether the recent advance from the 1955 to 2227 support region was only a retracement within a larger down cycle.
Chart Analysis ATS AI Generated: 2026-05-07 07:04 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.