ZC Corn Futures Weekly Chart Analysis: 2026-May-07 07:10 CT

Price Action

Last: 464.50,
Bars: Medium,
Mom: Slow.

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: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
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, 436.25, 424.75, 283.75.

Weekly Benchmarks

(Short-Term) 5 Day: 462.50 Up Trend,
(Short-Term) 10 Day: 466.25 Up Trend,
(Intermediate-Term) 20 Day: 460.25 Up Trend,
(Intermediate-Term) 55 Day: 472.75 Up Trend,
(Long-Term) 100 Day: 488.50 Down Trend,
(Long-Term) 200 Day: 572.25 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 with price holding below the yearly, monthly, and weekly fib grid midlines, keeping the larger structure negatively aligned. The weekly pivot trend is still upward on the most recent swing sequence, but the broader hi/lo structure remains soft and the active pivot progression shows a lower-high / lower-low framework. Price is sitting near the lower end of the 2026 NTZ zone, while the 20-day and 55-day benchmarks are above current price and the 100-day and 200-day averages are still trending down, reinforcing a bearish swing backdrop. Recent signal flow also leans defensive, with the latest short signals following an earlier long attempt, consistent with a market that is still in a downward cycle with intermittent countertrend rallies and failed recovery attempts.