ETH CME Ether Futures Weekly Chart Analysis: 2026-May-12 07:03 CT

Price Action

• Last: 2485.5,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -23%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

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

YSFG Year 2026

• Long-Term
• YSFG Current: -28%
• 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 1953.5,
• 5. Levels R: 5658.0, 5220.0, 5023.5, 2485.5,
• 6. Levels S: 1771.0, 1607.0.

Weekly Benchmarks

• (Short-Term) 5 Day: 2339 Down Trend,
• (Short-Term) 10 Day: 2206.5 Up Trend,
• (Intermediate-Term) 20 Day: 2423 Down Trend,
• (Intermediate-Term) 55 Day: 2877 Down Trend,
• (Long-Term) 100 Day: 3130.5 Down Trend,
• (Long-Term) 200 Day: 2910.5 Down Trend.

Recent Trade Signals

• 12 May 2026: Short ETH 05-26 @ 2314.5 Signals.USAR-WSFG
• 11 May 2026: Long ETH 05-26 @ 2378.5 Signals.USAR-MSFG
• 07 May 2026: Short ETH 05-26 @ 2328 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

Price is trading under the weekly, monthly, and yearly fib grid equilibrium zones, keeping the broader structure in a downtrend despite the sharp rebound off the 1607 low and the strong rally up toward the 2485 pivot high. Weekly swing structure is still showing an active UTrend, but it is occurring inside a larger bearish environment with price below the key benchmark averages and below the higher fib levels that define the broader overhead supply. The benchmark stack remains mixed only at the very near end, while the 20, 55, 100, and 200-day references all lean lower, reinforcing a heavier intermediate and long-term tone. Recent signals show alternating short and long entries around the same zone, reflecting a choppy transition phase after a large swing reversal, with volatility expanding and weekly bars remaining wide. The current setup reads like a countertrend recovery inside a larger downtrend, with prior peaks at 5023.5 and 5658.0 acting as major resistance and the 1953.5 pivot low as the next swing reference below.