EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-May-04 07:03 CT
Price Action
- Last: 3634.0,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: -13%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -8%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 35%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt Low 3584.1,
- 4. Pvt. Next: Pvt High 3876.3,
- 5. Levels R: 3718.3,
- 6. Levels S: 3584.1, 3282.7, 3277.0, 3154.9, 3144.4.
Daily Benchmarks
- (Short-Term) 5 Day: 3633.0 Down Trend,
- (Short-Term) 10 Day: 3646.0 Down Trend,
- (Intermediate-Term) 20 Day: 3600.1 Up Trend,
- (Intermediate-Term) 55 Day: 3533.5 Up Trend,
- (Long-Term) 100 Day: 3500.6 Up Trend,
- (Long-Term) 200 Day: 3402.3 Up Trend.
Additional Metrics
- ATR: 557,
- VOLMA: 14797.15.
Recent Trade Signals
- 30 Apr 2026: Long EMD 06-26 @ 3641.3 Signals.USAR.TR120
- 29 Apr 2026: Short EMD 06-26 @ 3618.6 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Price is trading near the upper half of the recent recovery but still below the weekly and monthly F0%/NTZ bands, keeping the short-term and intermediate-term structure under pressure. The pivot sequence shows a short-term DTrend while the broader HiLo structure remains constructive, reflecting a market that has rebounded sharply from the April lows and is now testing overhead resistance near 3718.3. Daily benchmarks are mixed but improving above the 20, 55, 100, and 200 day averages, which keeps the long-term backdrop positive even though the 5 and 10 day averages sit above price and act as nearby resistance. The pattern overall looks like a strong rally off a selloff low, followed by a pullback and rebound into a choppy transition zone, with higher-timeframe trend support still intact and near-term momentum still working through overhead supply.
Chart Analysis ATS AI Generated: 2026-05-04 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.