ZS Soybean Futures Daily Chart Analysis: 2026-Feb-04 07:23 CT

Price Action

• Last: 1072.47,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -4%
• 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 1051.75,
• 4. Pvt. Next: Pvt high 1085.50,
• 5. Levels R: 1085.5, 1078.75, 1057.75, 1047.75, 1046.5, 1039.25,
• 6. Levels S: 1037.75, 1029.5, 1022.25.

Daily Benchmarks

• (Short-Term) 5 Day: 1071.2 Down Trend,
• (Short-Term) 10 Day: 1072.2 Down Trend,
• (Intermediate-Term) 20 Day: 1074.5 Down Trend,
• (Intermediate-Term) 55 Day: 1081.35 Down Trend,
• (Long-Term) 100 Day: 1088.25 Down Trend,
• (Long-Term) 200 Day: 1108.25 Down Trend.

Additional Metrics

• ATR: 82,
• VOLMA: 155181.

Recent Trade Signals

• 03 Feb 2026: Long ZS 03-26 @ 1068.5 Signals.USAR-WSFG
• 29 Jan 2026: Short ZS 03-26 @ 1071.25 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Soybean futures are currently trading in a broadly bearish environment across all major timeframes, with price action remaining below key session fib grid levels and all benchmark moving averages trending down. The short-term swing pivot trend is down, though the intermediate-term HiLo trend has shifted to up, suggesting some recent support and a potential for a counter-trend bounce. However, resistance levels remain stacked above, and the market has struggled to sustain rallies, as seen in the recent failed attempt to break above 1085.50. Volatility is moderate, and volume is steady but not signaling a major shift in participation. The recent long signal off the 1068.5 level may reflect a short-term oversold bounce, but the overall structure remains heavy, with lower highs and lower lows dominating the chart. The market is in a corrective phase within a larger downtrend, and price remains vulnerable to further downside unless a sustained move above resistance and key moving averages occurs.