ETH CME Ether Futures Weekly Chart Analysis: 2026-Oct-16 07:04 CT

Price Action

• Last: 2317.5,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -11%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -40%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -22%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 2317.5,
• 4. Pvt. Next: Pvt high 2787.5,
• 5. Levels R: 5079.5, 2829.5,
• 6. Levels S: 2317.5, 1555.5.

Weekly Benchmarks

• (Short-Term) 5 Day: 2618.5 Down Trend,
• (Short-Term) 10 Day: 2438.5 Up Trend,
• (Intermediate-Term) 20 Day: 2121.5 Up Trend,
• (Intermediate-Term) 55 Day: 2525 Down Trend,
• (Long-Term) 100 Day: 2927 Down Trend,
• (Long-Term) 200 Day: 2855 Down Trend.

Recent Trade Signals

• 15 Oct 2026: Long ETH 10-26 @ 2446.5 Signals.USAR.TR120
• 14 Oct 2026: Short ETH 10-26 @ 2477.5 Signals.USAR-WSFG
• 08 Oct 2026: Short ETH 10-26 @ 2438 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Price is in a sharp weekly selloff from the 2829.5 pivot-high resistance area and has evolved into a new 2317.5 pivot low, confirming the short-term DTrend. The broader HiLo structure remains UTrend, but monthly and yearly fib-grid positioning remains below F0% and below their NTZ zones, reflecting bearish intermediate- and long-term price location. The 10- and 20-period benchmarks are rising, showing residual recovery structure from the 1555.5 low, while price remains below the falling 5-, 55-, 100-, and 200-period benchmarks. This creates a volatile counter-trend environment: the recent TR120 long signal contrasts with the WSFG and TR720 short signals, while 2317.5 and 1555.5 define the active support structure and 2829.5 is the primary nearby resistance pivot.