EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-Mar-23 07:03 CT

Price Action

• Last: 3388.7,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 35%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: -97%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 3340.0,
• 4. Pvt. Next: Pvt high 3474.2,
• 5. Levels R: 3607.5, 3474.2,
• 6. Levels S: 3340.0, 3194.9.

Daily Benchmarks

• (Short-Term) 5 Day: 3388.7 Down Trend,
• (Short-Term) 10 Day: 3432.0 Down Trend,
• (Intermediate-Term) 20 Day: 3478.6 Down Trend,
• (Intermediate-Term) 55 Day: 3489.6 Down Trend,
• (Long-Term) 100 Day: 3423.0 Down Trend,
• (Long-Term) 200 Day: 3348.0 Up Trend.

Additional Metrics

• ATR: 445,
• VOLMA: 13383.

Recent Trade Signals

• 23 Mar 2026: Short EMD 06-26 @ 3304.6 Signals.USAR-WSFG
• 17 Mar 2026: Long EMD 06-26 @ 3436.7 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The EMD futures daily chart is showing pronounced downside momentum, with large bars and fast price movement indicating heightened volatility. The short-term WSFG trend is up, but price has recently broken below the monthly and yearly session fib grids, confirming a strong intermediate and long-term downtrend. Swing pivots are in a clear DTrend (downtrend) on both short and intermediate timeframes, with the most recent pivot low at 3340.0 and resistance levels overhead at 3474.2 and 3607.5. All key moving averages except the 200-day are trending down, reinforcing the bearish structure. The ATR is elevated, and volume remains robust, suggesting active participation during this selloff. Recent trade signals show a shift from a failed long to a new short, aligning with the prevailing bearish momentum. Overall, the market is in a corrective phase, with lower highs and lower lows dominating, and any rallies are likely to face resistance at prior swing highs and moving averages.