ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-May-08 07:02 CT

Price Action

• Last: 7397.00,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 60%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 30%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 36%
• 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 7259.50,
• 5. Levels R: 7410.50,
• 6. Levels S: 6353.25, 6125.25, 5974.50, 5345.25, 5158.50.

Daily Benchmarks

• (Short-Term) 5 Day: 7305.50 Up Trend,
• (Short-Term) 10 Day: 7251.25 Up Trend,
• (Intermediate-Term) 20 Day: 7157.75 Up Trend,
• (Intermediate-Term) 55 Day: 6987.25 Up Trend,
• (Long-Term) 100 Day: 6935.50 Up Trend,
• (Long-Term) 200 Day: 6859.75 Up Trend.

Additional Metrics

• ATR: 317,
• VOLMA: 1641000.

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 daily structure is in a strong upside expansion phase with a large-range breakout through the prior April base and a sharp acceleration into the 7390s. Price is trading above the weekly, monthly, and yearly F0%/NTZ references, while all benchmark moving averages are aligned in rising order, reinforcing a broad trend stack from short to long term. Swing pivots remain in UTrend with the next pivot point still defined by a lower retracement level, which reflects trend continuation rather than reversal. Recent signals also confirm upside participation across weekly, monthly, and trend-cycle frameworks, while the current move shows a powerful rally phase with only brief inside-bar pauses before continuation higher.