ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-Jun-08 07:02 CT

Price Action

• Last: 7355.50,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 43%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -33%
• 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 7355.50,
• 4. Pvt. Next: Pvt High 7504.00,
• 5. Levels R: 7632.25,
• 6. Levels S: 7355.50, 7354.25, 6353.25, 6125.25, 5974.50.

Daily Benchmarks

• (Short-Term) 5 Day: 7562.00 Down Trend,
• (Short-Term) 10 Day: 7555.50 Down Trend,
• (Intermediate-Term) 20 Day: 7489.25 Up Trend,
• (Intermediate-Term) 55 Day: 7258.50 Up Trend,
• (Long-Term) 100 Day: 7043.50 Up Trend,
• (Long-Term) 200 Day: 6952.25 Up Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1611996.

Recent Trade Signals

• 05 Jun 2026: Short ES 06-26 @ 7490 Signals.USAR.TR120
• 05 Jun 2026: Short ES 06-26 @ 7511.25 Signals.USAR-MSFG
• 05 Jun 2026: Short ES 06-26 @ 7563.25 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

ES is showing a sharp daily reversal off the recent 7632.25 resistance area after a strong multi-month advance, with the latest candle pressing back into the lower edge of the June monthly fib grid and into the 7355 area. Short-term structure has rolled over, with the current pivot trend down and price losing the near-term benchmark cluster, while the intermediate picture remains mixed-to-heavy as the pullback works through the monthly decline zone. The higher-timeframe trend stays constructive because price remains well above the 55, 100, and 200 day benchmarks, and the yearly session fib remains above its midpoint bias, so the larger trend backdrop is still upward even as the chart is in a correction phase.