EMD E-mini S&P MidCap 400 Futures Weekly Chart Analysis: 2026-Jul-23 07:03 CT

Price Action

• Last: 3772.0,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -35%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 56%
• 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 3892.4,
• 4. Pvt. Next: Pvt Low 3652.8,
• 5. Levels R: 3892.4,
• 6. Levels S: 3304.7, 3182.6, 2600.5, 2573.7, 2123.3.

Weekly Benchmarks

• (Short-Term) 5 Day: 3816.9 Down Trend,
• (Short-Term) 10 Day: 3774.3 Up Trend,
• (Intermediate-Term) 20 Day: 3655.2 Up Trend,
• (Intermediate-Term) 55 Day: 3528.5 Up Trend,
• (Long-Term) 100 Day: 3377.1 Up Trend,
• (Long-Term) 200 Day: 3173.8 Up Trend.

Recent Trade Signals

• 23 Jul 2026: Long EMD 09-26 @ 3801.6 Signals.USAR-WSFG
• 22 Jul 2026: Long EMD 09-26 @ 3815 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The weekly structure remains broadly constructive, with higher-order pivot trends and all intermediate-to-long-term benchmarks rising. Price has pulled back from the 3892.4 swing high and sits beneath the declining 5-period benchmark, reflecting fast, large-bar volatility within the advance. The short-term WSFG remains positive and recent signals are long, while the July monthly grid remains below its F0% area, characterizing the current move as a strong longer-cycle advance encountering intermediate-term retracement pressure. The 3652.8 next-pivot level and rising 20-period benchmark define the nearest structural pullback zone, while 3892.4 remains the principal overhead swing-high reference.