ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-May-20 07:02 CT

Price Action

• Last: 7354.25,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: 30%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 36%
• 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 7354.25,
• 4. Pvt. Next: Pvt High 7517.25,
• 5. Levels R: 7540.00,
• 6. Levels S: 7354.25, 6353.25, 6125.25, 5974.50, 5345.25.

Daily Benchmarks

• (Short-Term) 5 Day: 7446.25 Down Trend,
• (Short-Term) 10 Day: 7426.50 Down Trend,
• (Intermediate-Term) 20 Day: 7317.50 Up Trend,
• (Intermediate-Term) 55 Day: 7101.25 Up Trend,
• (Long-Term) 100 Day: 6975.75 Up Trend,
• (Long-Term) 200 Day: 6895.50 Up Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1611996.

Recent Trade Signals

• 20 May 2026: Short ES 06-26 @ 7385.25 Signals.USAR-WSFG
• 15 May 2026: Short ES 06-26 @ 7445.5 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The daily structure remains in a powerful higher-timeframe uptrend despite the latest pullback from the 7540 resistance zone. Price has retraced sharply from the May peak, but it is still holding above the monthly and yearly MSFG/YSFG bullish zones, which keeps the intermediate and long-term bias constructive. Short-term conditions are weaker, with price below the weekly fib bias and below the 5-day and 10-day benchmarks, while the swing pivot has rotated to a DTrend after the break from the top. The broader trend context still shows a strong advance off the April low, followed by a test-and-reject pattern near the highs and a fast corrective decline into the 7354 pivot low.