ES E-mini S&P 500 Futures Daily Chart Analysis: 2026-Nov-08 18:03 CT

Price Action

Last: 7370,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: 4%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Nov

Intermediate-Term
MSFG Current: -77%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 23%
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 7325,
4. Pvt. Next: Pvt high 7540.75,
5. Levels R: 7906.25, 7897.50,
6. Levels S: 7522.25, 6483.25, 5179.00, 4834.00, 4644.00.

Daily Benchmarks

(Short-Term) 5 Day: 7535.25 Down Trend,
(Short-Term) 10 Day: 7630 Down Trend,
(Intermediate-Term) 20 Day: 7698.75 Down Trend,
(Intermediate-Term) 55 Day: 7703.75 Down Trend,
(Long-Term) 100 Day: 7699.25 Down Trend,
(Long-Term) 200 Day: 7451 Down Trend.

Additional Metrics

ATR: 356.75,
VOLMA: 1611996.

Recent Trade Signals

05 Nov 2026: Short ES 12-26 @ 7593.75 Signals.USAR-WSFG
04 Nov 2026: Long ES 12-26 @ 7674.75 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The daily structure reflects a high-momentum selloff, with price breaking sharply below all short- and intermediate-term benchmarks and establishing a new 7325 pivot low. Weekly Fib positioning remains marginally positive, but the monthly grid, declining pivot trends, and uniformly falling 5-to-100 day averages show that the current swing-cycle impulse is lower. The 7451 200-day average is now overhead, while 7540.75 is the nearest pivot-reversal reference; the 7522.25 area has shifted from prior support into an overhead reference level. Elevated ATR and expanded volume confirm a volatile, fast-moving liquidation phase rather than orderly consolidation. The annual Fib structure remains positive, leaving the longer-term backdrop mixed despite the decisive short- and intermediate-term deterioration.