ZC Corn Futures Daily Chart Analysis: 2026-Jan-23 07:20 CT

Price Action

• Last: 424.25,
• Bars: Large (notably wide range on recent selloff),
• Mom: Momentum fast (sharp move down).

WSFG Weekly

• Short-Term
• WSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: -77%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -16%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 412.5,
• 4. Pvt. Next: Pvt high 428.25,
• 5. Levels R: 451.41, 448.00, 453.00, 456.25, 440.00, 428.25,
• 6. Levels S: 412.5, 405.75.

Daily Benchmarks

• (Short-Term) 5 Day: 427 Down Trend,
• (Short-Term) 10 Day: 423 Down Trend,
• (Intermediate-Term) 20 Day: 437.71 Down Trend,
• (Intermediate-Term) 55 Day: 435.75 Down Trend,
• (Long-Term) 100 Day: 438.76 Down Trend,
• (Long-Term) 200 Day: 451.16 Down Trend.

Additional Metrics

• ATR: 34,
• VOLMA: 252019.

Recent Trade Signals

• 21 Jan 2026: Short ZC 03-26 @ 421.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Corn futures have experienced a significant breakdown, with a sharp, high-momentum selloff pushing price well below the monthly and yearly session fib grid centers. All major moving averages are trending down, confirming persistent bearish pressure across short, intermediate, and long-term timeframes. The most recent swing pivot is a new low at 412.5, with the next potential reversal only above 428.25, indicating that the market remains in a strong downtrend unless a meaningful bounce occurs. Resistance levels are stacked above, while support is thin and lower, suggesting further downside risk. Volatility has spiked (high ATR), and volume remains elevated, reflecting strong participation in the recent move. The overall technical structure points to a market in a bearish phase, with no immediate signs of reversal, and the recent short trade signal aligns with the prevailing trend.