ZC Corn Futures Weekly Chart Analysis: 2026-May-06 07:09 CT
Price Action
- Last: 488.46,
- Bars: Medium,
- Mom: average.
WSFG Weekly
- Short-Term
- WSFG Current: -60%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -27%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 0%
- F0%/NTZ' Bias: Price Neutral,
- YSFG Trend: Neutral.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: Neutral,
- 3. Pvt. Evolve: Pvt High 487.50,
- 4. Pvt. Next: Pvt Low 453.50,
- 5. Levels R: 857.00, 789.50, 787.75, 727.50, 583.75,
- 6. Levels S: 447.00, 438.25, 424.75, 283.75.
Weekly Benchmarks
- (Short-Term) 5 Day: 462.5 Up Trend,
- (Short-Term) 10 Day: 486.25 Up Trend,
- (Intermediate-Term) 20 Day: 460.25 Up Trend,
- (Intermediate-Term) 55 Day: 472.75 Up Trend,
- (Long-Term) 100 Day: 488.5 Down Trend,
- (Long-Term) 200 Day: 570.25 Down Trend.
Recent Trade Signals
- 06 May 2026: Short ZC 07-26 @ 476.5 Signals.USAR-WSFG
- 05 May 2026: Short ZC 07-26 @ 478.25 Signals.USAR.TR120
- 04 May 2026: Long ZC 07-26 @ 481 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
Corn futures remain in a broad weekly downtrend structure, with price still trading beneath the yearly neutral zone and under the dominant long-term benchmarks. The weekly chart shows a recent rebound from lower swing support into the 480s, but that move has not changed the larger pattern of lower highs and lower lows. The short-term swing pivot trend is still constructive on the latest pivot, yet the broader HiLo pivot structure remains neutral and the recent signal stream has shifted back to short bias. The May session fib is negative and the weekly fib grid is also below zero, reinforcing a bearish short- and intermediate-term backdrop. The 100-day and 200-day moving averages remain above price and are both in down trend states, while the shorter benchmarks are mixed to mildly supportive. Overall, the chart reflects a bearish weekly swing environment with a corrective rally inside a larger downward cycle.
Chart Analysis ATS AI Generated: 2026-05-06 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.