ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-Jun-23 07:03 CT

Price Action

• Last: 7421.75,
• Bars: Large,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -45%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -46%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 35%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 7421.75,
• 4. Pvt. Next: Pvt High 7686.75,
• 5. Levels R: 7639.50, 7648.75,
• 6. Levels S: 7421.75, 7308.50, 6414.50, 6138.50, 6035.75.

Daily Benchmarks

• (Short-Term) 5 Day: 7563.75 Down Trend,
• (Short-Term) 10 Day: 7504.5 Down Trend,
• (Intermediate-Term) 20 Day: 7500.75 Down Trend,
• (Intermediate-Term) 55 Day: 7377.5 Up Trend,
• (Long-Term) 100 Day: 7148.5 Up Trend,
• (Long-Term) 200 Day: 7054.5 Up Trend.

Additional Metrics

• ATR: 319,
• VOLMA: 1611996.

Recent Trade Signals

• 23 Jun 2026: Short ES 09-26 @ 7522.75 Signals.USAR-WSFG
• 18 Jun 2026: Short ES 09-26 @ 7564.5 Signals.USAR-MSFG
• 17 Jun 2026: Short ES 09-26 @ 7512.5 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is pressing lower from the June peak area after a sharp rally, with the daily swing structure rolling into a short-term downtrend and a lower pivot now established at 7421.75. Weekly and monthly session fib grids both sit in negative territory with price below their NTZ midlines, confirming a bearish near-term and intermediate posture. Even so, the higher-timeframe moving averages remain constructive, with price still above the rising 55, 100, and 200 day benchmarks, which keeps the broader yearly structure positive. The tape is showing a transition from trend expansion into a test-and-rejection phase near the upper June range, with recent candles reflecting larger daily ranges and a mixed consolidation-to-pullback sequence rather than a clean directional continuation.