Soybean Futures (ZS_F) Break Lower After Elliott Wave Zigzag Pattern

Hello fellow traders. In this technical article, we’ll look at the Soybean Futures (ZS_F) Elliott Wave charts published in our members’ area. As our members know, ZS_F continues to show incomplete bearish sequences from the September 11 peak, pointing to further downside in the near term. Let’s break down the Elliott Wave structure and explore the latest outlook for ZS_F.

For those who are not familiar with the most common Elliott Wave structures, we recommend checking out our Free Educational Page to learn more.

ZS_F Elliott Wave 1  Hour  Chart 10.13.2026

ZS_F is forming a 3-wave correction against the 1309’1 peak, with the recovery taking the shape of an Elliott Wave Zigzag. The first leg, wave (a) red, appears to be a clear 5-wave impulsive move, followed by a 3-wave pullback in wave (b) red. We are now looking for another leg higher in wave (c) red, which should also unfold in 5 waves to complete the wave (x) blue recovery.

The target area for wave (x) blue to complete is 1308’6–1315’4, where we expect the recovery to end and the downside to resume.

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

ZS_F Elliott Wave 1  Hour  Chart 10.13.2026

ZS_F made another leg higher within the (x) blue recovery, as expected. Wave c red delivered a sharp rally unfolding in a clear 5-wave structure. The commodity then completed the Elliott Wave Zigzag pattern and turned lower, in line with our forecast. As long as the bearish sequence remains intact, ZS_F is targeting the 1247’0 area.

Keep in mind that market is dynamic and presented view could have changed in the mean time.  You can check most recent charts with target levels in the membership area of the site. Best instruments to trade are those having incomplete bullish or bearish swings sequences. We put them in Sequence Report and best among them are shown in the Live Trading Room

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