ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-Aug-24 07:04 CT

Price Action

• Last: 7801.25,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 41%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 57%
• 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 7838.50,
• 4. Pvt. Next: Pvt low 7458.00,
• 5. Levels R: 7838.50,
• 6. Levels S: 6841.50, 5353.25, 4786.25, 4576.25, 4308.50.

Weekly Benchmarks

• (Short-Term) 5 Day: 7648 Up Trend,
• (Short-Term) 10 Day: 7580.25 Up Trend,
• (Intermediate-Term) 20 Day: 7488 Up Trend,
• (Intermediate-Term) 55 Day: 7113.25 Up Trend,
• (Long-Term) 100 Day: 6718 Up Trend,
• (Long-Term) 200 Day: 6002.75 Up Trend.

Recent Trade Signals

• 20 Aug 2026: Short ES 09-26 @ 7696.5 Signals.USAR.TR120
• 17 Aug 2026: Short ES 09-26 @ 7787.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

ES remains structurally bullish on the intermediate and long-term weekly framework, with price above all six rising benchmarks and both pivot-trend measures in UTrend. The short-term picture is counter-trend: weekly Fib positioning is below F0%, recent short signals are active, and the market is testing the 7838.50 pivot-high resistance after a fast rally. This creates a short-term pullback or consolidation phase within a broader higher-high, higher-low advance. The 7458.00 next-pivot level defines the key short-term reversal threshold, while 7838.50 is the immediate upside swing reference.