ZC Corn Futures Daily Chart Analysis: 2026-May-08 07:09 CT

Price Action

Last: 466.75,
Bars: Medium,
Mom: Slow.

WSFG Weekly

Short-Term
WSFG Current: -88%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -38%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -2%
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 461.00,
4. Pvt. Next: Pvt High 475.00,
5. Levels R: 787.75, 727.50, 659.00, 630.00, 625.25,
6. Levels S: 461.00, 447.00, 443.25, 436.25.

Daily Benchmarks

(Short-Term) 5 Day: 476.5 Down Trend,
(Short-Term) 10 Day: 474.25 Down Trend,
(Intermediate-Term) 20 Day: 466 Up Trend,
(Intermediate-Term) 55 Day: 464.25 Up Trend,
(Long-Term) 100 Day: 459 Up Trend,
(Long-Term) 200 Day: 456.5 Up Trend.

Additional Metrics

ATR: 27,
VOLMA: 252019.

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 in a corrective phase after a strong early-May push to the 487.50 area failed and price reversed sharply back into the mid-460s. The daily structure shows a bearish short-term pivot trend with price under the 5- and 10-day benchmarks and below the weekly and monthly F0/NTZ reference zones, matching the recent short signals. At the same time, the broader daily benchmark stack remains constructive with price holding above the 20-, 55-, 100-, and 200-day averages, which keeps the longer backdrop more balanced than the immediate swing tone. The chart is now testing the prior pivot support zone around 461.00 after a fast retracement from the recent high, making the current action look like a pullback within a broader uptrend rather than a full trend breakdown.