
RTY E-mini Russell 2000 Index Futures Daily Chart Analysis: 2026-Oct-16 07:08 CT
Price Action
- Last: 2780.0,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: -40%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Oct
- Intermediate-Term
- MSFG Current: -28%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 31%
- 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 2734.9,
- 4. Pvt. Next: Pvt high 2871.1,
- 5. Levels R: 3101.8, 3005.2, 2931.2, 2887.2,
- 6. Levels S: 2734.9, 2451.7, 2379.0, 2243.5, 2184.7.
Daily Benchmarks
- (Short-Term) 5 Day: 2792.2 Down Trend,
- (Short-Term) 10 Day: 2815.0 Down Trend,
- (Intermediate-Term) 20 Day: 2838.6 Down Trend,
- (Intermediate-Term) 55 Day: 2901.4 Down Trend,
- (Long-Term) 100 Day: 2965.1 Down Trend,
- (Long-Term) 200 Day: 2839.4 Down Trend.
Additional Metrics
Recent Trade Signals
- 15 Oct 2026: Long RTY 12-26 @ 2769.6 Signals.USAR.TR120
- 14 Oct 2026: Short RTY 12-26 @ 2804.4 Signals.USAR-MSFG
- 14 Oct 2026: Short RTY 12-26 @ 2804.4 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
RTY remains in a fast daily decline, marked by lower pivot highs and lower pivot lows from the September peak. The October low at 2734.9 established the active pivot low, while 2871.1 is the reversal threshold for the next pivot-high confirmation. The latest large green bar represents a sharp bounce from that low, but price remains below every listed daily benchmark and below the weekly and monthly Fib-grid balance areas. The short- and intermediate-term structure remains bearish, while the yearly grid remains positive and creates a longer-term countertrend backdrop. Volume expanded during the recent selloff and the elevated ATR reflects a volatile, wide-range environment.
Chart Analysis ATS AI Generated: 2026-10-16 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.