
RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-May-07 07:07 CT
Price Action
- Last: 2892.4,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 50%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 35%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 57%
- 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 2818.2,
- 5. Levels R: 2918.4,
- 6. Levels S: 2726.1, 2409.4, 2336.7, 2201.2, 2142.4.
Daily Benchmarks
- (Short-Term) 5 Day: 2836 Up Trend,
- (Short-Term) 10 Day: 2807.7 Up Trend,
- (Intermediate-Term) 20 Day: 2769.7 Up Trend,
- (Intermediate-Term) 55 Day: 2679.8 Up Trend,
- (Long-Term) 100 Day: 2638.4 Up Trend,
- (Long-Term) 200 Day: 2545 Up Trend.
Additional Metrics
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 shows a strong upside expansion from the April base, with a sharp rally into fresh highs near 2918.4 after reclaiming the key moving averages and breaking above the monthly session fib structure. The swing pivot model remains in UTrend on both short-term and intermediate-term readings, and the benchmark stack is aligned in positive slope across 5, 10, 20, 55, 100, and 200 day measures. Price is extended but still structurally constructive, holding above the NTZ/F0% zones on the weekly, monthly, and yearly grids, which keeps the broader trend profile upward. The recent signal sequence confirms the transition from the early-April pullback into a strong trend continuation phase, with the current market behavior resembling a breakout-and-hold pattern rather than a range-bound or corrective phase.
Chart Analysis ATS AI Generated: 2026-05-07 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.