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

Price Action

• Last: 1065.25,
• Bars: Medium,
• Mom: Momentum 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 1037.75,
• 4. Pvt. Next: Pvt high 1180.00,
• 5. Levels R: 1502.75, 1449.75, 1350.00, 1241.25, 1188.00,
• 6. Levels S: 1037.75, 1022.75, 1003.75, 1000.75, 985.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 1100.75 Down Trend,
• (Intermediate-Term) 10 Week: 1105.25 Down Trend,
• (Long-Term) 20 Week: 1085.11 Up Trend,
• (Long-Term) 55 Week: 1100.22 Down Trend,
• (Long-Term) 100 Week: 1170.24 Down Trend,
• (Long-Term) 200 Week: 1233.95 Down Trend.

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 are showing a notable shift in momentum on the weekly chart. Short-term and intermediate-term trends have turned bullish, as indicated by the WSFG and MSFG both trending up and price action holding above their respective NTZ/F0% levels. The most recent swing pivot is a low at 1037.75, with the next key resistance at the swing high of 1180.00. Multiple recent long trade signals reinforce the short- and intermediate-term bullish bias. However, the long-term trend remains bearish, with the yearly session fib grid (YSFG) still trending down and price below the yearly NTZ/F0%. Most long-term moving averages (55, 100, 200 week) are in a downtrend, suggesting that the broader market structure is still under pressure. The market is currently in a recovery phase, with a potential for further upside retracement toward resistance levels, but faces significant overhead resistance from the long-term downtrend. This environment is typical of a counter-trend rally within a larger bearish cycle, with volatility and choppy price action likely as the market tests higher resistance zones.