ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jan-25 18:23 CT

Price Action

• Last: 530.25,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 73%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 57%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

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 640.00,
• 5. Levels R: 1000.75, 886.25, 789.25, 688.00, 640.00, 573.88,
• 6. Levels S: 501.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 532.5 Down Trend,
• (Intermediate-Term) 10 Week: 528.5 Down Trend,
• (Long-Term) 20 Week: 573.88 Down Trend,
• (Long-Term) 55 Week: 627.91 Down Trend,
• (Long-Term) 100 Week: 726 Down Trend,
• (Long-Term) 200 Week: 800.91 Down Trend.

Recent Trade Signals

• 23 Jan 2026: Long ZW 03-26 @ 520.5 Signals.USAR-WSFG
• 22 Jan 2026: Long ZW 03-26 @ 515 Signals.USAR.TR120
• 22 Jan 2026: Long ZW 03-26 @ 515.75 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a market that has been in a persistent downtrend, as evidenced by the dominant downward trends in both swing pivots and all major moving averages. However, recent price action has seen a stabilization near the 500–530 zone, with small bars and slow momentum indicating a pause or potential base formation. The price is currently above the NTZ center on all session fib grids (weekly, monthly, yearly), and all three grids are showing an upward trend, suggesting a possible early shift in sentiment or a corrective phase within the broader downtrend. Recent trade signals have triggered long entries, aligning with the short-term and intermediate-term fib grid uptrends, but these are counter to the prevailing long-term bearish structure. Key resistance levels remain overhead, with the next significant swing high at 640 and major moving averages well above current price, reinforcing the need for sustained buying to confirm any trend reversal. The market is in a transition phase, with short- and intermediate-term metrics turning neutral as the market tests support and attempts to build a base, while the long-term outlook remains bearish until proven otherwise.