EMD E-mini S&P MidCap 400 Futures Weekly Chart Analysis: 2026-May-04 07:03 CT

Price Action

• Last: 3636.1,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 3718.3,
• 4. Pvt. Next: Pvt Low 3416.5,
• 5. Levels R: 3718.3,
• 6. Levels S: 3277.0, 3154.9, 2572.8, 2546.0, 2095.6.

Weekly Benchmarks

• (Short-Term) 5 Day: 3583.9 Up Trend,
• (Short-Term) 10 Day: 3496.1 Up Trend,
• (Intermediate-Term) 20 Day: 3502.1 Up Trend,
• (Intermediate-Term) 55 Day: 3379.1 Up Trend,
• (Long-Term) 100 Day: 3286.3 Up Trend,
• (Long-Term) 200 Day: 3092.9 Up Trend.

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: Neutral,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

Weekly price has rebounded sharply into the upper end of the yearly session grid after a deep spring recovery, with strong momentum and a large expansion bar near the highs. The swing structure remains in an up-trend sequence, with the latest pivot high established at 3718.3 and the next downside pivot reference at 3416.5. Short-term session grid readings are still below their F0% centers, which keeps the weekly and monthly session posture softer than the broader trend. Meanwhile, the benchmark averages are stacked in rising alignment from 5-day through 200-day, confirming a constructive broader trend profile. The chart reflects a strong rally phase after a prior selloff and base-building process, with price now testing the upper swing band and holding well above the longer moving averages.