
RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-May-20 07:06 CT
Price Action
- Last: 2780.4,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: -24%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -20%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 34%
- 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 2728.4,
- 4. Pvt. Next: Pvt High 2840.4,
- 5. Levels R: 2918.4,
- 6. Levels S: 2728.4, 2726.1, 2409.4, 2338.7, 2201.2.
Daily Benchmarks
- (Short-Term) 5 Day: 2811.4 Down Trend,
- (Short-Term) 10 Day: 2839.8 Down Trend,
- (Intermediate-Term) 20 Day: 2802.4 Down Trend,
- (Intermediate-Term) 55 Day: 2721.8 Up Trend,
- (Long-Term) 100 Day: 2862.5 Down Trend,
- (Long-Term) 200 Day: 2569 Up Trend.
Additional Metrics
Recent Trade Signals
- 19 May 2026: Short RTY 06-26 @ 2770.3 Signals.USAR-WSFG
- 19 May 2026: Short RTY 06-26 @ 2771.3 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: Neutral.
Key Insights Summary
RTY remains in a mixed-to-lower structure on the daily chart after the strong May rebound stalled beneath the upper monthly session fib zone and the prior swing-high resistance near 2918.4. Short-term price is trading below the weekly and monthly fib biases, while the active pivot trend is down and the recent lower-high sequence confirms fading momentum after the early-May impulse. The tape is still respecting the rising 55-day benchmark and the longer-cycle year fib remains constructive, so the broader backdrop is not a clean collapse; instead it is a choppy retracement within a larger recovery phase. The current setup reflects a market that has expanded sharply, then rotated into consolidation with rejection from overhead resistance and repeated tests around the upper end of the April-May advance, leaving short-term structure bearish while intermediate and long-term structure stay mixed.
Chart Analysis ATS AI Generated: 2026-05-20 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.