ZC Corn Futures Daily Chart Analysis: 2026-May-07 07:10 CT
Price Action
- Last: 464.75,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: -96%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -45%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: -3%
- 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 463.75,
- 4. Pvt. Next: Pvt High 477.75,
- 5. Levels R: 787.75, 727.50, 659.00, 630.00, 625.25,
- 6. Levels S: 483.75, 447.00, 438.25, 424.75.
Daily Benchmarks
- (Short-Term) 5 Day: 477.75 Down Trend,
- (Short-Term) 10 Day: 474.00 Down Trend,
- (Intermediate-Term) 20 Day: 465.25 Up Trend,
- (Intermediate-Term) 55 Day: 464.25 Up Trend,
- (Long-Term) 100 Day: 459.00 Up Trend,
- (Long-Term) 200 Day: 456.25 Up Trend.
Additional Metrics
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: Neutral.
Key Insights Summary
Corn futures are sitting near 464.75 after a sharp downswing from the early-May peak, with a large daily range and fast downside momentum confirming a decisive short-term reversal. Weekly and monthly session fib grids both remain below their F0%/NTZ centers, keeping the short and intermediate structure in a down state, while the yearly grid is only marginally below center and still carries a softer long-term tone. The swing pivot map shows a developing downside pivot sequence with the active pivot low at 463.75 and the next opposite pivot high projected at 477.75, while overhead resistance remains layered at 483.75 and 447.00 as the market works through the recent selloff. Benchmark alignment is mixed underneath price: the 5- and 10-day averages are rolling lower, but the 20-, 55-, 100-, and 200-day averages remain in upward slope, showing that the broader trend has not fully collapsed despite the recent price damage. Recent signal flow has turned bearish across WSFG and TR120 after the earlier MSFG long, matching the shift from rally extension into a retracement and test of lower support zones.
Chart Analysis ATS AI Generated: 2026-05-07 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.