ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jan-16 07:24 CT

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -3%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 24%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

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, 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 is subdued, with small bars and slow momentum, indicating a lack of strong buying interest and a market that is consolidating near recent lows. The short-term Weekly Session Fib Grid (WSFG) trend remains down, with price trading below the NTZ center, reinforcing the bearish bias. Intermediate-term Monthly Session Fib Grid (MSFG) shows a slight upward move, but this is countered by the prevailing downtrend in swing pivots and moving averages. All major weekly benchmarks (5, 10, 20, 55, 100, and 200 week MAs) are trending down, confirming persistent long-term weakness. Swing pivot analysis highlights a series of lower highs and lower lows, with the next resistance levels significantly above current price, and support at 501.50. The recent long signal is notable but appears to be a counter-trend move within a broader downtrend. Overall, the market is in a prolonged downtrend, with any rallies likely to face strong resistance and sellers dominating until a significant reversal pattern emerges.