ETH CME Ether Futures Weekly Chart Analysis: 2026-May-08 07:03 CT
Price Action
- Last: 2459.4,
- Bars: Medium,
- 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 2485.5,
- 4. Pvt. Next: Pvt Low 1924.5,
- 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 Up Trend,
- (Short-Term) 10 Day: 2169 Up Trend,
- (Intermediate-Term) 20 Day: 2459.5 Down Trend,
- (Intermediate-Term) 55 Day: 2897.5 Down Trend,
- (Long-Term) 100 Day: 3149 Down Trend,
- (Long-Term) 200 Day: 2908 Down Trend.
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: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bearish.
Key Insights Summary
ETH futures are trading in a mixed but still structurally soft weekly posture. Price is holding near 2459.4, close to the 20-day benchmark and just under the yearly F0% / NTZ centerline zone, while the weekly session fib grid remains below its midpoint and aligned with a downtrend. The monthly session grid is the stronger counterweight, with price sitting above the May midpoint and the monthly bias still positive, which keeps the intermediate backdrop from fully breaking down. Swing pivot structure remains upward at the short-term pivot level and the hi/lo trend is still constructive, but the market is sitting beneath higher benchmark averages and below the larger yearly resistance bands. The broader pattern looks like a large cyclical rally that has rolled over into a retracement phase, with price now in a lower-zone consolidation after the prior peak and subsequent decline.
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.