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

Price Action

• Last: 3502.1,
• 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 3443.8,
• 5. Levels R: 3761.2,
• 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: 3498.1 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

• 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 pressing back into the upper end of the 2026 yearly session structure after a sharp spring recovery and a fast impulsive weekly advance. The swing pivot sequence remains constructive with UTrend on both the short-term pivot and the HiLo trend, while benchmarks across the full stack are aligned higher, reflecting a broad trend-up condition. The recent trade signals show a short-term conflict between the earlier short entries and the latest long trigger, but the current breakout posture dominates the tape. The chart shows a strong recovery from the 2025 drawdown low, followed by a stair-step rally with higher highs and higher lows, plus a strong rejection of lower levels near the mid-3000s.