The EMD futures market is currently experiencing a strong downside move, with price action characterized by large, fast-moving bars and momentum accelerating to the downside. All major session Fib grid trends (weekly, monthly, yearly) are aligned to the downside, with price trading well below the NTZ (neutral trading zone) center lines, confirming a persistent bearish bias across short, intermediate, and long-term timeframes. Swing pivot analysis shows a dominant downtrend in both short and intermediate terms, with the most recent pivot low at 3110.9 and the next significant resistance at 3352.2. Support is distant at 2498.1, suggesting a wide range for potential further declines. Weekly moving averages (5, 10, and 20 week) are all trending down, reinforcing the bearish structure, while longer-term averages (55, 100, 200 week) remain in uptrends, indicating that the broader bull market structure is not yet fully broken. Recent trade signals have all triggered short entries, confirming the prevailing downside momentum. The overall environment is one of strong bearish pressure in the short and intermediate term, with the long-term trend at a critical inflection point as price approaches key support and longer-term moving averages. Volatility is elevated, and the market is in a corrective phase following a failed rally, with no immediate signs of reversal.