EMD E-mini S&P MidCap 400 Futures Weekly Chart Analysis: 2026-May-21 07:03 CT

Price Action

• Last: 3683.4,
• Bars: Large,
• Mom: Fast.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 3767.3,
• 4. Pvt. Next: Pvt Low 3450.5,
• 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: 3298.3 Up Trend,
• (Long-Term) 200 Day: 3102.7 Up Trend.

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

Key Insights Summary

Weekly structure remains in a broad uptrend with a fast momentum push back toward prior highs, and price holding above the yearly F0%/NTZ bias keeps the longer-term tone constructive. The short-term swing pivot trend is still UTrend, with the next pivot defined as a lower pivot around 3450.5 while resistance remains anchored at the prior high of 3767.3. The weekly benchmark stack is mostly supportive, with the 10, 20, 55, 100, and 200 day measures all in uptrend alignment, even though the 5 day benchmark is rolling down from the latest surge. The monthly session fib grid is still negative and below its F0%, showing that the May structure is carrying a countertrend, intermediate-term pullback posture against the larger yearly advance. Recent signals reflect that mix clearly: short-term long signals are aligned with the weekly thrust, while the monthly short signal captures the ongoing intermediate-term weakness. Overall, the chart shows a strong long-term recovery trend, a near-term momentum rebound, and an intermediate-term monthly fade still working through the larger advance.