ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jan-15 07:21 CT

Price Action

• Last: 516.75,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 22%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -1%
• 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 640.50,
• 5. Levels R: 850.25, 780.25, 698.25, 639.25, 575.25,
• 6. Levels S: 501.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 527.75 Down Trend,
• (Intermediate-Term) 10 Week: 533.00 Down Trend,
• (Long-Term) 20 Week: 577.00 Down Trend,
• (Long-Term) 55 Week: 639.25 Down Trend,
• (Long-Term) 100 Week: 763.75 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

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart continues to reflect a dominant bearish structure across all timeframes. Price action remains subdued, with slow momentum and medium-sized bars, as the contract trades below key NTZ/F0% levels on both the weekly and yearly session fib grids. The short-term and long-term fib grid trends are down, while the intermediate-term monthly grid shows a brief upward bias, but this is not supported by the broader trend context. Swing pivot analysis confirms a persistent downtrend, with the most recent pivot low at 501.50 and the next significant resistance at 640.50. All benchmark moving averages from 5-week to 200-week are trending lower, reinforcing the prevailing downside pressure. Despite a recent long signal, the overall technical landscape remains bearish, with lower highs, lower lows, and no clear evidence of a reversal or sustained bounce. The market appears to be in a prolonged downtrend, with any rallies likely to encounter strong resistance at multiple overhead levels.