EMD E-mini S&P MidCap 400 Futures Weekly Chart Analysis: 2026-Sep-20 18:03 CT

Price Action

• Last: 3640.0,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -63%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -71%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 34%
• 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 3636.2,
• 4. Pvt. Next: Pvt high 3832.8,
• 5. Levels R: 3896.8,
• 6. Levels S: 3636.2, 3332.6, 3210.5, 2628.4, 2601.6.

Weekly Benchmarks

• (Short-Term) 5 Day: 3783.2 Down Trend,
• (Short-Term) 10 Day: 3825.5 Down Trend,
• (Intermediate-Term) 20 Day: 3811.1 Down Trend,
• (Intermediate-Term) 55 Day: 3630.4 Up Trend,
• (Long-Term) 100 Day: 3450.1 Up Trend,
• (Long-Term) 200 Day: 3249.0 Up Trend.

Overall Rating

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

Key Insights Summary

EMD is in a fast weekly retracement following rejection from the 3969.6 swing-high area. Short-term structure is bearish, with price below the weekly and monthly Fib centers and below the declining 5-, 10-, and 20-week benchmarks. The decline is testing the 3636.2 pivot-low/55-week benchmark area, while 3832.8 is the pivot reversal level that would define a renewed short-term upswing. The intermediate pivot structure remains upward and the yearly Fib position remains positive, supported by rising 55-, 100-, and 200-week benchmarks; this frames the current selloff as a sharp countertrend pullback within the broader long-term advance.