RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-Jul-23 07:07 CT

Price Action

Last: 2961.0,
Bars: Small,
Mom: Slow.

WSFG Weekly

Short-Term
WSFG Current: -5%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jul

Intermediate-Term
MSFG Current: -30%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 65%
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 2947.0,
4. Pvt. Next: Pvt high 3038.0,
5. Levels R: 3068.4,
6. Levels S: 2947.0, 2828.1, 2748.8, 2746.9, 2429.8.

Daily Benchmarks

(Short-Term) 5 Day: 2977.2 Up Trend,
(Short-Term) 10 Day: 2983.1 Down Trend,
(Intermediate-Term) 20 Day: 3001.0 Down Trend,
(Intermediate-Term) 55 Day: 2928.2 Up Trend,
(Long-Term) 100 Day: 2808.8 Up Trend,
(Long-Term) 200 Day: 2702.0 Up Trend.

Additional Metrics

ATR: 175.4,
VOLMA: 169463.

Recent Trade Signals

23 Jul 2026: Short RTY 09-26 @ 2962 Signals.USAR.TR120
22 Jul 2026: Long RTY 09-26 @ 2983 Signals.USAR-WSFG
15 Jul 2026: Short RTY 09-26 @ 2980.9 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

RTY is consolidating below the July monthly grid and beneath the 5-, 10-, and 20-day benchmarks after rejection from the 3038.0 pivot-high area. Small daily bars, slowing momentum, easing ATR, and softer volume characterize a compressed short-term pullback rather than an impulsive decline. The short-term pivot structure remains down, with 2947.0 defining the nearby swing-low reference and 3068.4 the major overhead resistance. Intermediate structure remains constructive because the HiLo trend is up and price holds above the rising 55-day average near 2928.2. The broader trend remains positive above the rising 100- and 200-day averages, while the weekly and monthly grid readings reflect a countertrend retracement within that longer-term advance.