YM E-mini Dow ($5) Futures Daily Chart Analysis: 2026-May-08 07:08 CT

Price Action

• Last: 49838,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 10%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 8%
• 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 50238,
• 4. Pvt. Next: Pvt Low 49030,
• 5. Levels R: 50901, 50238,
• 6. Levels S: 48805, 48622, 45052, 44484, 43108, 42569.

Daily Benchmarks

• (Short-Term) 5 Day: 49575 Up Trend,
• (Short-Term) 10 Day: 49475 Up Trend,
• (Intermediate-Term) 20 Day: 49264 Up Trend,
• (Intermediate-Term) 55 Day: 48862 Up Trend,
• (Long-Term) 100 Day: 48805 Up Trend,
• (Long-Term) 200 Day: 47968 Up Trend.

Additional Metrics

• ATR: 623,
• VOLMA: 116K.

Recent Trade Signals

• 07 May 2026: Short YM 06-26 @ 49701 Signals.USAR.TR120
• 07 May 2026: Long YM 06-26 @ 49993 Signals.USAR-WSFG
• 04 May 2026: Short YM 06-26 @ 49582 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The chart is in a strong rebound phase after the April washout, with price pressing back above all benchmark moving averages and reclaiming the upper weekly/monthly session structure. Short-term swing pivots remain in UTrend and the latest pivot sequence favors higher highs and higher lows, with resistance now defined at 50238 and 50901. The monthly grid still shows a slightly negative bias, reflecting that May remains below its centerline despite the recent rally, while the weekly and yearly grids both stay firmly positive. Volume and ATR indicate an active expansion phase, consistent with a fast momentum move and a transition from the April decline into a recovery trend that is testing prior supply near 50K.