CN SGX FTSE China A50 Futures Daily Chart Analysis: 2026-May-20 07:02 CT

Price Action

Last: 15507.0,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month May

Intermediate-Term
MSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
MSFG Trend: Neutral.

YSFG Year 2026

Long-Term
YSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
YSFG Trend: Neutral.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt Low 15335.0,
4. Pvt. Next: Pvt High 15725.0,
5. Levels R: 16165.0,
6. Levels S: 15335.0, 14100.0, 13485.0, 13470.0, 13177.5.

Daily Benchmarks

(Short-Term) 5 Day: 15712.5 Down Trend,
(Short-Term) 10 Day: 15737.5 Down Trend,
(Intermediate-Term) 20 Day: 15005.0 Down Trend,
(Intermediate-Term) 55 Day: 15195.0 Up Trend,
(Long-Term) 100 Day: 15012.5 Up Trend,
(Long-Term) 200 Day: 14630.0 Up Trend.

Additional Metrics

ATR: 87.5,
VOLMA: 261842.

Overall Rating

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

Key Insights Summary

The daily structure shows a strong impulse rally into the 16165 resistance area followed by a sharp rejection back through the May monthly NTZ, leaving the market in a fast retracement phase rather than a clean trend continuation. Short-term pivot structure is DTrend with the next upside pivot still marked above at 15725, while the intermediate HiLo structure remains constructive, reflecting the broader recovery that started from the 14100 low. Price is now pulling back from the top of the recent expansion, with the 5 and 10 day benchmarks turning down and price sitting below them, but the 55, 100, and 200 day benchmarks still point higher, keeping the long-term backdrop positive. The chart is transitioning from a breakout-and-extension phase into a test-and-rebalance phase, with volatility elevated and the most recent candles showing a fast reaction off the highs, a common setup after a vertical advance.