ETH CME Ether Futures Daily Chart Analysis: 2026-May-08 07:02 CT
Price Action
- Last: 2455.9,
- Bars: Large,
- Mom: slow.
WSFG Weekly
- Short-Term
- WSFG Current: -21%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: 1%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: -27%
- 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 2255.8,
- 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: 2345 Up Trend,
- (Short-Term) 10 Day: 2317.5 Up Trend,
- (Intermediate-Term) 20 Day: 2334.5 Up Trend,
- (Intermediate-Term) 55 Day: 2320.5 Up Trend,
- (Long-Term) 100 Day: 2456 Down Trend,
- (Long-Term) 200 Day: 3225 Down Trend.
Additional Metrics
- ATR: 192,
- VOLMA: 13740.22.
Recent Trade Signals
- 07 May 2026: Short ETH 05-26 @ 2319 Signals.USAR-WSFG
- 07 May 2026: Short ETH 05-26 @ 2328 Signals.USAR.TR120
- 06 May 2026: Long ETH 05-26 @ 2383 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bearish.
Key Insights Summary
ETH futures are holding a constructive daily swing structure with price above the 20/55-day benchmarks and the pivot sequence still in UTrend, while the current month sits marginally positive inside the MSFG. The recent advance into the 2435-2485 zone shows a test of nearby resistance with a slow momentum profile and large daily bars, indicating a mature swing extension rather than a fresh impulse. Weekly structure remains negative and below the weekly fib midpoint, so the short-term backdrop is still mixed-to-soft even as the daily pivot trend has improved. Long-term structure stays pressured because price remains well below the 200-day benchmark and the yearly session trend is still down, leaving the broader tape in a recovery phase with overlapping countertrend rallies and retracement behavior.
Chart Analysis ATS AI Generated: 2026-05-08 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.