ES E-mini S&P 500 Futures Weekly Chart Analysis: 2026-Oct-20 07:03 CT

Price Action

• Last: 7759.75,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: 23%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: 55%
• 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 7950.25,
• 4. Pvt. Next: Pvt low 7589.75,
• 5. Levels R: 7950.25,
• 6. Levels S: 6482.25, 5421.00, 4834.00, 4634.00.

Weekly Benchmarks

• (Short-Term) 5 Day: 7771.50 Down Trend,
• (Short-Term) 10 Day: 7779.50 Down Trend,
• (Intermediate-Term) 20 Day: 7690.00 Up Trend,
• (Intermediate-Term) 55 Day: 7329.75 Up Trend,
• (Long-Term) 100 Day: 6901.00 Up Trend,
• (Long-Term) 200 Day: 6188.75 Up Trend.

Recent Trade Signals

• 20 Oct 2026: Short ES 12-26 @ 7716 Signals.USAR-MSFG
• 16 Oct 2026: Short ES 12-26 @ 7703.25 Signals.USAR.TR120
• 13 Oct 2026: Short ES 12-26 @ 7841.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The weekly structure remains broadly constructive, with price above the rising 20, 55, 100, and 200-period benchmarks and the yearly grid maintaining an upward bias. Short-term action has stalled beneath 7950.25 resistance, forming a high-level consolidation after the sharp advance from the April low. The declining 5 and 10-period benchmarks, recent short signals, and a developing pivot-high condition characterize the near-term phase as a pullback or rotational correction. The 7589.75 pivot-next level marks the nearby swing reference, while the monthly grid remains below its F0% area and reflects intermediate-term countertrend pressure within the larger bullish trend.