ETH CME Ether Futures Weekly Chart Analysis: 2026-May-07 07:04 CT
Price Action
- Last: 2459.4,
- Bars: Large,
- Mom: Average.
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 2485.5,
- 4. Pvt. Next: Pvt Low 1926.5,
- 5. Levels R: 5658.0, 5220.0, 5023.5, 2485.5,
- 6. Levels S: 1771.0, 1607.0.
Weekly Benchmarks
- (Short-Term) 5 Day: 2289.0 Down Trend,
- (Short-Term) 10 Day: 2169.0 Up Trend,
- (Intermediate-Term) 20 Day: 2459.5 Up Trend,
- (Intermediate-Term) 55 Day: 2897.5 Down Trend,
- (Long-Term) 100 Day: 3149.0 Down Trend,
- (Long-Term) 200 Day: 2800.0 Down Trend.
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: Bullish,
- Long-Term: Bearish.
Key Insights Summary
ETH futures are in a recovery phase off the 2025 low near 1771, but the weekly structure still sits below the yearly NTZ midpoint and below the major higher-timeframe benchmarks. The short-term weekly session grid is negative and aligned with a down bias, while the monthly session grid remains positive and has supported the rebound. Price is trading just above the 20-day benchmark and near the prior pivot high zone around 2485.5, making this a two-way transition area rather than a clean trend continuation. The pivot structure remains upward in the short and intermediate view, but the broader yearly grid and the 55/100/200-day benchmarks still lean bearish, reflecting a market that is rebounding within a larger down cycle. The recent signals also show conflicting pressure: fresh short-term short signal against earlier grid-based longs, which matches a choppy, rotational swing environment with retracement and mean-reversion behavior.
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.