EMD E-mini S&P MidCap 400 Futures Daily Chart Analysis: 2026-May-21 07:02 CT

Price Action

• Last: 3624.0,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: 9%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 33%
• 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 3689.9,
• 5. Levels R: 3767.3,
• 6. Levels S: 3561.5, 3282.7, 3277.0, 3154.9, 3144.4.

Daily Benchmarks

• (Short-Term) 5 Day: 3626.9 Up Trend,
• (Short-Term) 10 Day: 3657.2 Down Trend,
• (Intermediate-Term) 20 Day: 3554.1 Up Trend,
• (Intermediate-Term) 55 Day: 3580.9 Down Trend,
• (Long-Term) 100 Day: 3535.2 Up Trend,
• (Long-Term) 200 Day: 3428.5 Up Trend.

Additional Metrics

• ATR: 445,
• VOLMA: 13383.

Recent Trade Signals

• 20 May 2026: Long EMD 06-26 @ 3637.3 Signals.USAR.TR120
• 20 May 2026: Long EMD 06-26 @ 3629.5 Signals.USAR-WSFG
• 18 May 2026: Short EMD 06-26 @ 3617.1 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The daily structure shows a mixed swing profile with price holding above the weekly fib grid while still operating under the monthly fib grid, leaving the market in a split short-term versus intermediate-term condition. The pivot framework is still in a downtrend sequence, but the higher-timeframe backdrop remains constructive with price above the 100-day and 200-day benchmarks and the yearly fib bias still positive. Recent action reflects a sharp rally off the early-May lows into the 3767 area, followed by a pullback and consolidation inside the upper May range, which creates a choppy but orderly retracement context rather than a clean trend run. The moving averages are layered in a transitional stack, with short-term averages mixed and the longer averages supportive, matching a market that has recovered strongly but is still digesting overhead supply near prior highs and pivot resistance.