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

Price Action

• Last: 3626.0,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 7%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

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

YSFG Year 2026

• Long-Term
• YSFG Current: 26%
• 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 3600.3,
• 4. Pvt. Next: Pvt high 3794.1,
• 5. Levels R: 3996.8, 3969.6,
• 6. Levels S: 3600.3, 3332.6, 3210.5, 2628.4, 2601.6.

Weekly Benchmarks

• (Short-Term) 5 Day: 3671.9 Down Trend,
• (Short-Term) 10 Day: 3750.4 Down Trend,
• (Intermediate-Term) 20 Day: 3797.2 Down Trend,
• (Intermediate-Term) 55 Day: 3635.7 Up Trend,
• (Long-Term) 100 Day: 3461.1 Up Trend,
• (Long-Term) 200 Day: 3264.1 Up Trend.

Recent Trade Signals

• 20 Oct 2026: Long EMD 12-26 @ 3666.2 Signals.USAR.TR120
• 20 Oct 2026: Long EMD 12-26 @ 3664.9 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The weekly chart is in a sharp short-term pullback following the July-to-August advance toward the 3969.6 to 3996.8 resistance band. Price has fallen beneath the 5, 10, 20, and marginally the 55-period benchmarks, while the active pivot is a DTrend with fast downside momentum. The 3600.3 pivot-low area is the immediate structural reference. Despite this countertrend decline, the intermediate HiLo trend remains upward, price remains above the monthly and yearly F0%/NTZ structures, and the rising 100- and 200-period averages preserve the broader bullish market structure. The swing picture therefore reflects a short-term bearish retracement within an intermediate- and long-term uptrend.