EMD E-mini S&P MidCap 400 Futures Weekly Chart Analysis: 2026-Aug-19 07:03 CT

Price Action

• Last: 3914.7,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -73%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 43%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 69%
• 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 3941.7,
• 4. Pvt. Next: Pvt low 3722.7,
• 5. Levels R: 3941.7,
• 6. Levels S: 3904.7, 3182.6, 2800.5, 2600.5.

Weekly Benchmarks

• (Short-Term) 5 Day: 3839.9 Up Trend,
• (Short-Term) 10 Day: 3831.4 Up Trend,
• (Intermediate-Term) 20 Day: 3748.6 Up Trend,
• (Intermediate-Term) 55 Day: 3572.6 Up Trend,
• (Long-Term) 100 Day: 3401.2 Up Trend,
• (Long-Term) 200 Day: 3198.1 Up Trend.

Recent Trade Signals

• 18 Aug 2026: Short EMD 09-26 @ 3914.8 Signals.USAR.TR120
• 12 Aug 2026: Long EMD 09-26 @ 3906 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The weekly structure remains broadly constructive, with both pivot trends rising and price holding above all six rising benchmark averages. The near-term picture is counter-trend bearish: price is below the weekly F0%/NTZ area and the latest TR120 signal turned short near 3914.8 after the advance reached the 3941.7 pivot-high resistance. This creates a short-term pullback or consolidation phase within an intermediate- and long-term uptrend. The 3904.7 support is the immediate structural reference, while 3941.7 remains the nearby ceiling; the next pivot reversal level is 3722.7. Momentum has been fast and weekly ranges remain elevated following the strong advance from the spring low.