EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-Apr-02 07:02 CT

Price Action

• Last: 3387.5,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -14%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -9%
• 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 3282.7,
• 4. Pvt. Next: Pvt high 3497.1,
• 5. Levels R: 3497.1, 3462.7, 3407.1, 3377.6, 3360.5, 3301.0,
• 6. Levels S: 3282.7, 3277.0.

Daily Benchmarks

• (Short-Term) 5 Day: 3360.6 Down Trend,
• (Short-Term) 10 Day: 3376.7 Down Trend,
• (Intermediate-Term) 20 Day: 3402.0 Down Trend,
• (Intermediate-Term) 55 Day: 3437.5 Down Trend,
• (Long-Term) 100 Day: 3475.9 Down Trend,
• (Long-Term) 200 Day: 3368.9 Up Trend.

Additional Metrics

• ATR: 445,
• VOLMA: 13383.

Recent Trade Signals

• 01 Apr 2026: Long EMD 06-26 @ 3444.7 Signals.USAR-MSFG
• 31 Mar 2026: Long EMD 06-26 @ 3377.6 Signals.USAR.TR120
• 31 Mar 2026: Long EMD 06-26 @ 3344.1 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The EMD futures daily chart shows a market in transition. Short-term price action is mixed, with the last price near the middle of the recent range and average momentum. The weekly session fib grid (WSFG) trend is up, but the monthly (MSFG) and yearly (YSFG) fib grid trends remain down, indicating that the broader context is still bearish. Swing pivots confirm a dominant downtrend in both short- and intermediate-term, with the most recent pivot low at 3282.7 and resistance levels stacked above current price. All key moving averages except the 200-day are trending down, reinforcing the intermediate and long-term bearish bias. However, the 200-day MA is just starting to turn up, suggesting potential for a longer-term base if buyers can sustain momentum. Recent trade signals have triggered long entries, reflecting attempts to catch a reversal or bounce from support, but the overall structure still favors rallies being sold until a clear pivot high is established above resistance. Volatility remains elevated (ATR 445), and volume is moderate. The market is currently in a corrective phase within a larger downtrend, with potential for choppy, range-bound action as it tests key resistance and support levels.