
RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-May-18 07:06 CT
Price Action
- Last: 2773.0,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: 5%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: -7%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 40%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt Low 2773.0,
- 4. Pvt. Next: Pvt High 2883.2,
- 5. Levels R: 2918.4,
- 6. Levels S: 2773.0, 2726.1, 2409.4, 2338.7, 2201.2.
Daily Benchmarks
- (Short-Term) 5 Day: 2850.1 Down Trend,
- (Short-Term) 10 Day: 2832.0 Down Trend,
- (Intermediate-Term) 20 Day: 2728.0 Up Trend,
- (Intermediate-Term) 55 Day: 2718.4 Up Trend,
- (Long-Term) 100 Day: 2658.7 Up Trend,
- (Long-Term) 200 Day: 2563.8 Up Trend.
Additional Metrics
Recent Trade Signals
- 18 May 2026: Short RTY 06-26 @ 2779 Signals.USAR-WSFG
- 18 May 2026: Short RTY 06-26 @ 2781 Signals.USAR-MSFG
- 12 May 2026: Short RTY 06-26 @ 2809.8 Signals.USAR.TR120
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
RTY is trading back inside the upper part of the yearly uptrend while the May monthly session fib grid remains in a negative phase, creating a mixed-to-bearish intermediate backdrop. The daily swing structure has turned DTrend with price off the recent highs and sitting below the 5-day and 10-day benchmarks, while still holding above the 20-day, 55-day, 100-day, and 200-day averages. That alignment keeps the broader structure constructive even as the recent pullback from the 2918.4 resistance zone has shifted momentum lower. The chart shows a strong rally leg into late April and early May, followed by a rejection from the top of the range and a retracement back toward the 2773 area, which is now acting as the active pivot low. Overall, the tape reflects a fast corrective phase inside a larger bullish yearly trend, with nearby resistance overhead and layered support below from the swing pivot ladder and rising longer-term benchmarks.
Chart Analysis ATS AI Generated: 2026-05-18 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.