ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jan-27 07:24 CT

Price Action

• Last: 523.00,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: -48%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 39%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 523.25,
• 4. Pvt. Next: Pvt Low 513.75,
• 5. Levels R: 568.75, 563.25, 507.00, 501.50,
• 6. Levels S: 501.50, 507.00.

Daily Benchmarks

• (Short-Term) 5 Day: 517 Up Trend,
• (Short-Term) 10 Day: 514 Up Trend,
• (Intermediate-Term) 20 Day: 514.04 Up Trend,
• (Intermediate-Term) 55 Day: 529.29 Down Trend,
• (Long-Term) 100 Day: 554.69 Down Trend,
• (Long-Term) 200 Day: 565.74 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 26 Jan 2026: Short ZW 03-26 @ 522.75 Signals.USAR.TR120
• 26 Jan 2026: Long ZW 03-26 @ 532.75 Signals.USAR-WSFG
• 22 Jan 2026: Long ZW 03-26 @ 515.75 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a market in transition. Price action has recently rebounded from a January swing low, with medium-sized bars and average momentum, indicating a shift from prior weakness. The short-term WSFG trend remains down, with price below the weekly NTZ, but the monthly MSFG and yearly YSFG both show price above their respective NTZs and in uptrends, suggesting intermediate and long-term bullish undertones. Swing pivots confirm a short-term uptrend, with the most recent pivot high at 523.25 and the next key support at 513.75. Resistance levels are clustered above, with major swing highs at 563.25 and 568.75. Daily benchmarks show short-term moving averages turning up, but intermediate and long-term MAs (55, 100, 200) are still trending down, highlighting a market in recovery but not yet in full reversal. ATR and volume metrics indicate moderate volatility and participation. Recent trade signals reflect mixed short-term direction but a strengthening intermediate-term long bias. Overall, the market is consolidating after a significant decline, with signs of a potential base forming and early bullish momentum building on the intermediate timeframe, while longer-term trends remain neutral as the market tests key resistance and support levels.