ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jan-14 07:22 CT

Price Action

• Last: 512.75,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -25%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 14%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

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: DTrend,
• 3. Pvt. Evolve: Pvt low 501.50,
• 4. Pvt. Next: Pvt high 540.50,
• 5. Levels R: 850.25, 740.25, 698.25, 679.50, 620.00, 575.25,
• 6. Levels S: 501.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 527.75 Down Trend,
• (Intermediate-Term) 10 Week: 533 Down Trend,
• (Long-Term) 20 Week: 577 Down Trend,
• (Long-Term) 55 Week: 639.85 Down Trend,
• (Long-Term) 100 Week: 706.75 Down Trend,
• (Long-Term) 200 Week: 805.10 Down Trend.

Recent Trade Signals

• 08 Jan 2026: Long ZW 03-26 @ 521.75 Signals.USAR.TR720
• 06 Jan 2026: Long ZW 03-26 @ 512.25 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a persistent long-term and short-term downtrend, with price action remaining below key yearly and weekly session fib grid levels. The most recent swing pivot is a new low at 501.50, with the next resistance at 540.50, and all major moving averages (from 5-week to 200-week) trending downward, reinforcing the bearish structure. However, the intermediate-term (monthly) fib grid trend has turned up, and recent trade signals have triggered long entries, suggesting a potential for a short-term bounce or retracement within the broader downtrend. The market is currently testing support at the recent swing low, and while the overall structure remains bearish, the intermediate-term uptrend and recent signals indicate a possible attempt at a recovery or consolidation phase. Volatility appears contained, with momentum slow and bars of medium size, pointing to a market that may be searching for a base after an extended decline.