ZS Soybean Futures Daily Chart Analysis: 2026-Jan-23 07:21 CT

Price Action

• Last: 1067.75,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 52%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 22%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -2%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 1072.25,
• 4. Pvt. Next: Pvt Low 1045.50,
• 5. Levels R: 1072.25, 1081.00, 1102.75, 1147.75, 1154.50, 1180.00,
• 6. Levels S: 1045.50, 1037.75, 1029.50, 1022.25, 1003.00.

Daily Benchmarks

• (Short-Term) 5 Day: 1055.5 Up Trend,
• (Short-Term) 10 Day: 1054.75 Up Trend,
• (Intermediate-Term) 20 Day: 1058.25 Up Trend,
• (Intermediate-Term) 55 Day: 1071.25 Down Trend,
• (Long-Term) 100 Day: 1081.06 Down Trend,
• (Long-Term) 200 Day: 1071.41 Down Trend.

Additional Metrics

• ATR: 82,
• VOLMA: 155181.

Recent Trade Signals

• 23 Jan 2026: Long ZS 03-26 @ 1061.75 Signals.USAR-MSFG
• 21 Jan 2026: Long ZS 03-26 @ 1056.5 Signals.USAR-WSFG
• 15 Jan 2026: Long ZS 03-26 @ 1055 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Soybean futures have recently shifted to a bullish short- and intermediate-term structure, with price action breaking above key monthly and weekly session fib grid levels and confirming an uptrend in both swing pivots and short-term moving averages. The last three trade signals have all been long entries, reflecting this momentum shift. However, the long-term trend remains bearish, as price is still below the yearly fib grid and all major long-term moving averages are trending down. The market is currently testing resistance near 1072.25, with further resistance at 1081 and 1102.75, while support is established at 1045.50 and lower. Volatility is moderate, and volume is steady, suggesting a healthy environment for swing trading. The current setup reflects a classic countertrend rally within a broader downtrend, with the potential for further upside if resistance levels are cleared, but the long-term context should be monitored for signs of exhaustion or reversal.