ES Session Recap — Tuesday, May 5, 2026

ES gapped up 36.50 points at the open on Tuesday, May 5, 2026 and settled at 7,287.00, +56.00 points (+0.77%) versus the prior regular-session close. The regular session traded a 35.50-point range between 7,264.25 and 7,299.75, closing in the upper part of the range.

Overnight trade ahead of the open ranged from 7,223.75 to 7,269.00. The day session took out the overnight high, which is worth logging if you track overnight-range behavior as part of your prep.

Price built a 22.00-point initial balance (09:30–10:30 ET, 7,264.25–7,286.25) and broke above it, extending about 61% of the IB range above the IB high at the furthest point.

Session volume totaled roughly 1,067,205 contracts across the trading day, with about 837,245 traded during regular hours.

One session is a data point, not a pattern. The way to use a day like this is to compare it against the distribution: how often ES breaks its initial balance in this direction, what range expansion typically follows, and how similar sessions resolved. Profitabul's paid report engine computes exactly those statistics over historical sessions.