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

Price Action

Last: 3630.0,
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: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt High 3767.3,
4. Pvt. Next: Pvt Low 3452.7,
5. Levels R: 3767.3,
6. Levels S: 3277.0, 3154.9, 2572.8, 2546.0, 2095.6.

Weekly Benchmarks

(Short-Term) 5 Day: 3658.6 Down Trend,
(Short-Term) 10 Day: 3525.4 Up Trend,
(Intermediate-Term) 20 Day: 3528.0 Up Trend,
(Intermediate-Term) 55 Day: 3399.0 Up Trend,
(Long-Term) 100 Day: 3289.3 Up Trend,
(Long-Term) 200 Day: 3102.7 Up Trend.

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

Weekly structure is in a sharp post-rally pullback after a run to the 3767 area, with price now holding well above the year’s open-zone but below the upper swing resistance. The short-term session grid is negative and the monthly grid remains deeply negative, which keeps the near- to intermediate-term tone corrective and two-sided. The pivot sequence still shows an upward swing framework on the larger weekly structure, but the next pivot reference is a lower swing low at 3452.7, highlighting how the market is working through a retracement beneath recent highs. The benchmark stack remains mostly rising across the 20, 55, 100, and 200-day measures, supporting the broader long-term uptrend even as the 5-day sits above price and turns lower. Overall, the chart reads as a volatile weekly consolidation within a longer-term advance, marked by a failed push into overhead resistance and a quick reversal back toward the mid-range.