EMD E-mini S&P MidCap 400 Futures Weekly Chart Analysis: 2026-Apr-20 07:02 CT
Price Action
- Last: 3643.1,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -2%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: 105%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 37%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt High 3643.1,
- 4. Pvt. Next: Pvt Low 3393.7,
- 5. Levels R: 3643.1, 3533.9, 3475.5,
- 6. Levels S: 3277.0, 3154.9, 2572.8, 2546.0.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 3518.4 Up Trend,
- (Intermediate-Term) 10 Week: 3443.4 Up Trend,
- (Long-Term) 20 Week: 3475.5 Up Trend,
- (Long-Term) 55 Week: 3358.2 Up Trend,
- (Long-Term) 100 Week: 3277.0 Up Trend,
- (Long-Term) 200 Week: 3083.2 Up Trend.
Recent Trade Signals
- 20 Apr 2026: Short EMD 06-26 @ 3631.1 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The EMD futures weekly chart shows a strong upward momentum with large bars and fast price action, recently reaching a new swing high at 3643.1. Despite this, the short-term WSFG trend has turned down, with price currently below the NTZ center, suggesting a potential short-term pullback or correction. However, both the intermediate and long-term trends remain firmly bullish, supported by all major moving averages trending upward and price holding well above key support levels. The most recent trade signal triggered a short entry, aligning with the short-term bearish bias, but the broader context remains constructive for bulls. The market has demonstrated resilience with higher lows and strong recoveries from support, indicating that any pullbacks may be corrective within a larger uptrend. Volatility is elevated, and the chart structure suggests a possible consolidation or retracement phase before the next directional move. Overall, the technical landscape favors a bullish outlook for the intermediate and long-term, while short-term traders should be alert to potential mean reversion or corrective action.
Chart Analysis ATS AI Generated: 2026-04-20 07:02 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.