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

Price Action

• Last: 3727.3,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 47%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 23%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 50%
• 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 3741.7,
• 4. Pvt. Next: Pvt Low 3630.3,
• 5. Levels R: 3741.7,
• 6. Levels S: 3584.1, 3282.7, 3277.0, 3154.9, 3144.4.

Daily Benchmarks

• (Short-Term) 5 Day: 3838.7 Down Trend,
• (Short-Term) 10 Day: 3841.6 Down Trend,
• (Intermediate-Term) 20 Day: 3520.7 Up Trend,
• (Intermediate-Term) 55 Day: 3541.7 Up Trend,
• (Long-Term) 100 Day: 3506.0 Up Trend,
• (Long-Term) 200 Day: 3406.4 Up Trend.

Additional Metrics

• ATR: 551,
• VOLMA: 14833.71.

Recent Trade Signals

• 05 May 2026: Long EMD 06-26 @ 3672.1 Signals.USAR-WSFG
• 04 May 2026: Short EMD 06-26 @ 3626.3 Signals.USAR.TR120
• 04 May 2026: Short EMD 06-26 @ 3624.9 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Price is in a strong recovery and breakout continuation phase after the April low, with a sharp rally back through the monthly fib structure and back above the 20, 55, 100, and 200 day benchmarks. The current swing structure remains UTrend, with the latest pivot high at 3741.7 defining nearby resistance and the next pivot low reference at 3630.3 framing the current pullback/retest zone. Short-term action is extended but still constructive, as the market holds above the major benchmark cluster and near the upper end of the current advance. The broader tape shows a bullish alignment across weekly, monthly, and yearly session fib grids, while the recent sequence of bearish signals was followed by a strong upside reversal, reinforcing the current upward cycle and higher-high / higher-low progression.