ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jan-26 07:56 CT

Price Action

• Last: 528.75,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 58%
• 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 589.00,
• 5. Levels R: 688.00, 688.00, 688.00, 625.98, 589.00, 575.25,
• 6. Levels S: 501.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 532.25 Down Trend,
• (Intermediate-Term) 10 Week: 545.25 Down Trend,
• (Long-Term) 20 Week: 577.25 Down Trend,
• (Long-Term) 55 Week: 708.50 Down Trend,
• (Long-Term) 100 Week: 796.59 Down Trend,
• (Long-Term) 200 Week: 880.96 Down Trend.

Recent Trade Signals

• 26 Jan 2026: Long ZW 03-26 @ 532.75 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: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart continues to reflect a dominant long-term downtrend, as confirmed by all major moving averages (20, 55, 100, 200 week) trending lower and price action remaining below these benchmarks. Short-term momentum is slow, with small bars indicating a lack of strong conviction or volatility at current levels. The Weekly Session Fib Grid (WSFG) trend is down, with price below the NTZ center, reinforcing short-term bearishness. Both swing pivot and HiLo trends are down, with the most recent pivot low at 501.50 and the next resistance at 589.00, suggesting the market is still making lower lows and lower highs. Despite some recent long signals, these appear to be countertrend in nature, as the broader structure remains bearish. The intermediate and long-term Fib grids (MSFG, YSFG) show price above their respective NTZ centers, but the overall technical landscape is still dominated by persistent resistance overhead and a lack of sustained bullish momentum. The market is in a prolonged corrective or consolidation phase within a larger downtrend, with any rallies likely to encounter significant resistance at the 577–688 zone. The technical setup suggests continued caution as the market searches for a durable bottom or reversal signal.