RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-May-08 07:05 CT

Price Action

Last: 2860.9,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 35%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 23%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 52%
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 2817.8,
5. Levels R: 2918.4,
6. Levels S: 2726.1, 2409.4, 2336.7, 2201.2, 2142.4.

Daily Benchmarks

(Short-Term) 5 Day: 2844.2 Up Trend,
(Short-Term) 10 Day: 2814.0 Up Trend,
(Intermediate-Term) 20 Day: 2685.8 Up Trend,
(Intermediate-Term) 55 Day: 2641.0 Up Trend,
(Long-Term) 100 Day: 2547.5 Up Trend,
(Long-Term) 200 Day: 2547.5 Up Trend.

Additional Metrics

ATR: 405,
VOLMA: 169463.

Recent Trade Signals

07 May 2026: Short RTY 06-26 @ 2850.6 Signals.USAR.TR120
06 May 2026: Long RTY 06-26 @ 2858.8 Signals.USAR-MSFG
04 May 2026: Short RTY 06-26 @ 2802.5 Signals.USAR-WSFG

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

RTY is in a strong bullish swing structure with price holding above the weekly, monthly, and yearly session fib midlines, while the pivot trend and HiLo trend remain in UTrend alignment. The market has extended sharply from the April lows into a new impulse leg that tested the 2918 area, then rotated back toward the 2818 pivot zone, showing a fast trend environment with a recent inside-bar style pause near the highs. Benchmarks remain stacked positively with price above the 5, 10, 20, 55, 100, and 200 day averages, reinforcing the broader uptrend. The recent sequence reflects breakout, continuation, and short consolidation behavior rather than a completed reversal, with the current structure still characterized by higher highs, higher lows, and firm support beneath the latest expansion.