ZS Soybean Futures Daily Chart Analysis: 2026-May-07 07:10 CT

Price Action

• Last: 1190.75,
• Bars: Medium,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -16%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 28%
• 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 1188.75,
• 4. Pvt. Next: Pvt High 1215.75,
• 5. Levels R: 1533.50, 1508.00, 1480.50, 1471.25, 1428.00,
• 6. Levels S: 1188.75, 1156.00, 1082.50, 1068.50.

Daily Benchmarks

• (Short-Term) 5 Day: 1205.50 Down Trend,
• (Short-Term) 10 Day: 1196.00 Down Trend,
• (Intermediate-Term) 20 Day: 1189.00 Up Trend,
• (Intermediate-Term) 55 Day: 1179.25 Up Trend,
• (Long-Term) 100 Day: 1150.75 Up Trend,
• (Long-Term) 200 Day: 1129.50 Up Trend.

Additional Metrics

• ATR: 94.50,
• VOLMA: 134000.

Recent Trade Signals

• 06 May 2026: Short ZS 07-26 @ 1191.75 Signals.USAR-MSFG
• 06 May 2026: Short ZS 07-26 @ 1198.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price is sitting near the lower end of the recent May consolidation after a sharp run-up and pullback from the March spike high, leaving the daily structure short-term bearish while the broader year-to-date trend still holds constructive. The weekly and monthly session fib grids are both below F0%, reinforcing downside pressure and showing that the current swing is trading under session value. Daily benchmarks are mixed: the 5- and 10-day averages have rolled lower, but the 20-day and longer benchmarks remain in rising alignment, which keeps the larger trend supportive despite the current retracement. Swing pivots show a confirmed DTrend with the next pivot reference still above at 1215.75, while overhead resistance remains layered well above current price and support sits near the recent pivot low at 1188.75, then 1156.00. Momentum is subdued and bar size is medium, suggesting a corrective phase rather than an expanding breakout trend, with the chart reflecting post-spike digestion, lower highs, and a failure to reclaim the upper monthly zone.