ZS Soybean Futures Daily Chart Analysis: 2026-May-06 07:09 CT
Price Action
- Last: 1203.25,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 2%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 1%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 32%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt Low 1196.75,
- 4. Pvt. Next: Pvt High 1225.25,
- 5. Levels R: 1533.50, 1508.00, 1480.50, 1471.25, 1426.00,
- 6. Levels S: 1196.75, 1156.00, 1082.50, 1068.50, 1060.25.
Daily Benchmarks
- (Short-Term) 5 Day: 1206.00 Up Trend,
- (Short-Term) 10 Day: 1194.50 Up Trend,
- (Intermediate-Term) 20 Day: 1188.00 Up Trend,
- (Intermediate-Term) 55 Day: 1178.75 Up Trend,
- (Long-Term) 100 Day: 1150.00 Up Trend,
- (Long-Term) 200 Day: 1129.00 Up Trend.
Additional Metrics
Recent Trade Signals
- 05 May 2026: Long ZS 07-26 @ 1219 Signals.USAR-MSFG
- 04 May 2026: Long ZS 07-26 @ 1208.5 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Soybean futures are in a broader bullish structure, with price holding above the weekly, monthly, and yearly session fib grid midlines and all benchmark moving averages aligned upward across the daily frame. The short-term tape is correcting from the recent swing high, reflected in the current DTrend pivot state and the retreat back under the latest pivot high area, while the broader intermediate and long-term trend backdrop remains constructive. Recent action shows a sharp rally, a pullback, and a rebound attempt near the 1200 area, leaving a choppy but still upward-biased consolidation zone above the 1180s to 1190s support band. The higher-timeframe trend stack and strong placement above the 20, 55, 100, and 200 day averages keep the larger cycle positive, even as the near-term swing structure works through a counter-trend phase from the latest high.
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.