EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-Apr-06 07:02 CT

Price Action

• Last: 3420.2,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 4%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: 8%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 3277.0,
• 4. Pvt. Next: Pvt High 3496.3,
• 5. Levels R: 3496.3, 3517.5, 3607.5, 3660.4,
• 6. Levels S: 3277.0, 3228.7, 3144.4, 3114.0.

Daily Benchmarks

• (Short-Term) 5 Day: 3342.4 Down Trend,
• (Short-Term) 10 Day: 3348.6 Down Trend,
• (Intermediate-Term) 20 Day: 3394.6 Down Trend,
• (Intermediate-Term) 55 Day: 3441.0 Down Trend,
• (Long-Term) 100 Day: 3451.6 Down Trend,
• (Long-Term) 200 Day: 3361.7 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: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Neutral.

Key Insights Summary

The EMD futures daily chart currently reflects a market in transition. Price action shows large, volatile bars with fast momentum, indicating heightened activity and potential for sharp moves. Despite the recent upward bias in both the weekly and monthly session fib grids (WSFG and MSFG), the swing pivot structure is in a short-term and intermediate-term downtrend, with the most recent pivot low at 3277.0 and resistance levels stacked above current price. All key moving averages except the 200-day are trending down, reinforcing the bearish tone in the short and intermediate timeframes. The 200-day MA remains in an uptrend, suggesting the longer-term structure is still intact, but at risk if current weakness persists. Recent trade signals have been long, but the prevailing technicals suggest these are countertrend moves within a broader corrective phase. Volatility remains elevated (ATR 445), and volume is moderate. Overall, the market is in a corrective or consolidation phase, with potential for further downside or choppy action until a clear reversal or breakout above resistance pivots is established.