EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-Feb-02 07:06 CT
Price Action
- Last: 3437.1,
- Bars: Medium,
- Mom: Average.
WSFG Weekly
- Short-Term
- WSFG Current: 4%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: 2%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 6%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt high 3571.7,
- 4. Pvt. Next: Pvt low 3426.5,
- 5. Levels R: 3571.7, 3540.0, 3479.1,
- 6. Levels S: 3426.5, 3345.3, 3324.3, 3313.2, 3179.5.
Daily Benchmarks
- (Short-Term) 5 Day: 3471.1 Down Trend,
- (Short-Term) 10 Day: 3479.1 Down Trend,
- (Intermediate-Term) 20 Day: 3479.1 Up Trend,
- (Intermediate-Term) 55 Day: 3345.3 Up Trend,
- (Long-Term) 100 Day: 3324.3 Up Trend,
- (Long-Term) 200 Day: 3228.4 Up Trend.
Additional Metrics
Recent Trade Signals
- 30 Jan 2026: Short EMD 03-26 @ 3441 Signals.USAR.TR720
- 29 Jan 2026: Short EMD 03-26 @ 3458 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The EMD futures daily chart shows a recent pullback from a swing high at 3571.7, with price currently trading at 3437.1. Short-term momentum has shifted bearish, as indicated by the downtrend in both the 5-day and 10-day moving averages, and a short-term swing pivot downtrend. However, the intermediate and long-term trends remain bullish, supported by the 20, 55, 100, and 200-day moving averages all trending upward and price holding above key session fib grid levels. The recent short trade signals align with the short-term weakness, but the broader structure suggests this may be a corrective move within a larger uptrend. Volatility remains elevated (ATR 445), and volume is steady. Key support levels to watch are 3426.5 and 3345.3, while resistance is overhead at 3479.1 and 3571.7. The market is currently in a consolidation phase after a strong rally, with potential for either a deeper retracement or a resumption of the uptrend depending on how price reacts at these support levels.
Chart Analysis ATS AI Generated: 2026-02-02 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.