
EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-Mar-24 07:02 CT
Price Action
- Last: 3371.1,
- Bars: Medium,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: 30%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Mar
- Intermediate-Term
- MSFG Current: -102%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: -8%
- 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 3349.9,
- 4. Pvt. Next: Pvt high 3484.4,
- 5. Levels R: 3607.5, 3484.4,
- 6. Levels S: 3349.9, 3130.9.
Daily Benchmarks
- (Short-Term) 5 Day: 3370 Down Trend,
- (Short-Term) 10 Day: 3477 Down Trend,
- (Intermediate-Term) 20 Day: 3475.1 Down Trend,
- (Intermediate-Term) 55 Day: 3432 Down Trend,
- (Long-Term) 100 Day: 3429 Down Trend,
- (Long-Term) 200 Day: 3349.5 Up Trend.
Additional Metrics
Recent Trade Signals
- 24 Mar 2026: Long EMD 06-26 @ 3352.8 Signals.USAR-WSFG
- 23 Mar 2026: Long EMD 06-26 @ 3412 Signals.USAR.TR120
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
The EMD futures daily chart shows a market under pressure, with price action characterized by medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term WSFG trend is up, but price is currently below both the monthly and yearly session fib grid centers, reflecting intermediate and long-term downward pressure. Swing pivot analysis confirms a dominant downtrend in both short and intermediate timeframes, with the most recent pivot low at 3349.9 acting as immediate support and resistance levels overhead at 3484.4 and 3607.5. All key moving averages except the 200-day are trending down, reinforcing the bearish bias across timeframes. Volatility remains elevated (ATR 445), and volume is moderate. Recent trade signals have triggered long entries, suggesting attempts at a countertrend bounce, but the prevailing technical structure remains bearish. The market is in a corrective phase, with lower highs and lower lows, and any rallies are likely to face resistance at prior swing highs and moving averages. Overall, the environment favors a cautious approach, with the trend still pointing down despite short-term bounce attempts.
Chart Analysis ATS AI Generated: 2026-03-24 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.