EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-May-20 07:02 CT

Price Action

Last: 3560.0,
Bars: Large,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: -23%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -27%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 27%
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 3561.5,
4. Pvt. Next: Pvt High 3688.9,
5. Levels R: 3767.3,
6. Levels S: 3561.5, 3282.7, 3277.0, 3154.9, 3144.4.

Daily Benchmarks

(Short-Term) 5 Day: 3630.8 Down Trend,
(Short-Term) 10 Day: 3668.9 Down Trend,
(Intermediate-Term) 20 Day: 3554.2 Down Trend,
(Intermediate-Term) 55 Day: 3578.5 Down Trend,
(Long-Term) 100 Day: 3532.9 Up Trend,
(Long-Term) 200 Day: 3426.4 Up Trend.

Additional Metrics

ATR: 445,
VOLMA: 13383.

Recent Trade Signals

18 May 2026: Short EMD 06-26 @ 3617.1 Signals.USAR-MSFG
18 May 2026: Long EMD 06-26 @ 3635.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price is trading below the weekly and monthly session fib midpoints, keeping the short and intermediate picture weighted to the downside despite the broader yearly structure remaining constructive. The daily swing pivot setup is in a developing DTrend, with the active pivot low near 3561.5 and the next opposite pivot reference at 3688.9, showing a range that has recently been tested from both sides. Shorter benchmarks remain aligned negatively, while the 100-day and 200-day averages still slope higher, reflecting a longer-term uptrend beneath the current pullback. Recent price behavior shows a sharp advance into the upper May NTZ area followed by rejection and retracement, leaving a choppy, rotational tape with elevated volatility and repeated tests of prior pivot zones.