EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-May-18 07:02 CT

Price Action

Last: 3593.4,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -1%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -17%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 31%
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 3593.4,
4. Pvt. Next: Pvt High 3702.0,
5. Levels R: 3767.3,
6. Levels S: 3593.4, 3564.1, 3282.7, 3277.0, 3154.9.

Daily Benchmarks

(Short-Term) 5 Day: 3686.8 Down Trend,
(Short-Term) 10 Day: 3677.9 Down Trend,
(Intermediate-Term) 20 Day: 3602.0 Up Trend,
(Intermediate-Term) 55 Day: 3577.2 Up Trend,
(Long-Term) 100 Day: 3529.3 Up Trend,
(Long-Term) 200 Day: 3422.5 Up Trend.

Additional Metrics

ATR: 445,
VOLMA: 13383.

Recent Trade Signals

18 May 2026: Short EMD 06-26 @ 3611.8 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Price is sitting back at the 3593.4 swing-low area after a fast selloff from the 3702.0 pivot high, leaving the short-term structure in a down swing while the broader year-long trend remains constructive. Weekly and May monthly fib grids both show price below their NTZ/F0% centers, which keeps the near-term and intermediate picture pressured. The pivot map shows a fresh DTrend with the next meaningful reversal level still up at 3702.0, while overhead resistance is layered at 3767.3. Benchmarks show price below the 5 and 10 day averages but holding above the 20, 55, 100, and 200 day lines, which reflects a mixed tape: short-term weakness inside a larger uptrend. The recent short signal aligns with the current retracement and failed push from the upper band, leaving the daily chart in a pullback-and-rejection phase rather than a clean trend continuation.