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

Price Action

• Last: 3750.7,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 67%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 34%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 54%
• 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 3761.2,
• 4. Pvt. Next: Pvt Low 3651.2,
• 5. Levels R: 3761.2,
• 6. Levels S: 3584.1, 3282.7, 3277.0, 3154.9, 3144.4.

Daily Benchmarks

• (Short-Term) 5 Day: 3689 Up Trend,
• (Short-Term) 10 Day: 3651 Up Trend,
• (Intermediate-Term) 20 Day: 3830.6 Up Trend,
• (Intermediate-Term) 55 Day: 3548.9 Up Trend,
• (Long-Term) 100 Day: 3509 Up Trend,
• (Long-Term) 200 Day: 3408.7 Up Trend.

Additional Metrics

• ATR: 555,
• VOLMA: 14818.45.

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

The daily chart shows a strong impulsive breakout back into trend continuation mode, with price pressing into fresh highs near the top of the swing structure. The short-term pivot trend is firmly UTrend and the HiLo trend remains aligned upward, while price is holding above the weekly, monthly, and yearly fib-grid biases. Benchmarks are stacked positively, with price above the 5, 10, 20, 55, 100, and 200-day averages, reinforcing broad trend alignment. The recent sequence includes a sharp rebound off the April pullback low, followed by a strong rally that has recovered prior consolidation zones and pushed into the next resistance area near the prior swing high at 3761.2. Volatility remains elevated, and volume activity is supportive of the move, pointing to an active expansion phase rather than a quiet range.