ETH CME Ether Futures Weekly Chart Analysis: 2026-May-18 07:03 CT
Price Action
- Last: 2119.5,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: -29%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -29%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: -34%
- 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 1979.5,
- 5. Levels R: 5658.0, 5220.0, 5023.5, 2485.5,
- 6. Levels S: 1771.0, 1607.0.
Weekly Benchmarks
- (Short-Term) 5 Day: 2329.5 Down Trend,
- (Short-Term) 10 Day: 2228.5 Down Trend,
- (Intermediate-Term) 20 Day: 2385 Down Trend,
- (Intermediate-Term) 55 Day: 2853.5 Down Trend,
- (Long-Term) 100 Day: 3114 Down Trend,
- (Long-Term) 200 Day: 2912 Down Trend.
Recent Trade Signals
- 18 May 2026: Short ETH 05-26 @ 2119.5 Signals.USAR.TR720
- 15 May 2026: Short ETH 05-26 @ 2224.5 Signals.USAR.TR120
- 15 May 2026: Short ETH 05-26 @ 2214.5 Signals.USAR-MSFG
- 12 May 2026: Short ETH 05-26 @ 2314.5 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
Weekly ETH futures are in a pronounced downside cycle, with price trading well below the weekly, monthly, and yearly NTZ/F0% zones and all major benchmark averages. The chart shows a strong selloff leg from the recent 2485.5 pivot high into the 1979.5 pivot-low area, with the current market sitting below the 20, 55, 100, and 200-day references, confirming a persistent lower-high, lower-low structure. Short-term trend signals remain aligned with the broader decline, while the larger pivot framework still shows unresolved overhead resistance clustered at 2485.5, 5023.5, 5220.0, and 5658.0. The current tape is operating in a weak, trend-down environment with momentum still fast and price action stretched beneath the benchmark stack.
Chart Analysis ATS AI Generated: 2026-05-18 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.