EMD E-mini S&P MidCap 400 Futures Weekly Chart Analysis: 2026-Jul-31 07:03 CT

Price Action

• Last: 3796.7,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -36%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -28%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 57%
• 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 3680.0,
• 5. Levels R: 3892.4,
• 6. Levels S: 3304.7, 3182.6, 2800.5, 2573.7, 2123.3.

Weekly Benchmarks

• (Short-Term) 5 Day: 3811.6 Down Trend,
• (Short-Term) 10 Day: 3789.7 Up Trend,
• (Intermediate-Term) 20 Day: 3672.9 Up Trend,
• (Intermediate-Term) 55 Day: 3538.2 Up Trend,
• (Long-Term) 100 Day: 3382.0 Up Trend,
• (Long-Term) 200 Day: 3178.6 Up Trend.

Recent Trade Signals

• 27 Jul 2026: Short EMD 09-26 @ 3809.8 Signals.USAR-WSFG
• 23 Jul 2026: Short EMD 09-26 @ 3769.1 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is consolidating below the 3892.4 swing-high resistance after a strong advance, with the weekly and monthly Fib grids reflecting a near-term countertrend pullback. The short-term structure is mixed: the pivot trend remains upward, but price is below the declining 5-week benchmark and recent short signals align with the WSFG decline. The intermediate and long-term backdrop remains constructive, supported by an upward HiLo trend, price above the rising 10-, 20-, 55-, 100-, and 200-week benchmarks, and the positive yearly Fib position. The 3680.0 pivot-next level defines the nearby structural reversal threshold, while 3892.4 remains the prominent upside swing reference.