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

Price Action

• Last: 7540.00,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 7540.00,
• 4. Pvt. Next: Pvt Low 7032.50,
• 5. Levels R: 7540.00,
• 6. Levels S: 6353.25, 5292.00, 4705.00, 4515.00, 4245.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 7293.00 Up Trend,
• (Short-Term) 10 Day: 6958.25 Up Trend,
• (Intermediate-Term) 20 Day: 6961.50 Up Trend,
• (Intermediate-Term) 55 Day: 6739.00 Up Trend,
• (Long-Term) 100 Day: 6436.50 Up Trend,
• (Long-Term) 200 Day: 5735.00 Up Trend.

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

ES is pressing into fresh highs with strong weekly upside momentum, but the short-term fib grid remains below its NTZ midpoint and the recent short signals reflect a near-term downgrade in weekly structure. The pivot framework still reads UTrend with a higher high established at 7540.00, while the next downside pivot is marked at 7032.50. Across the broader timeframe, the monthly and yearly grids remain above their F0% levels and the full moving-average stack is upward sloping, showing a persistent dominant uptrend with price stretched well above the 20, 55, 100, and 200 day benchmarks. The chart reflects a mature bullish sequence with repeated impulse legs, shallow pullbacks, and continuation behavior rather than a broad reversal pattern.