ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jan-28 07:26 CT

Price Action

• Last: 532.00,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

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

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 67%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 6%
• 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 589.50,
• 5. Levels R: 688.00, 688.00, 688.00, 688.00, 688.00,
• 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: 625.98 Down Trend,
• (Long-Term) 100 Week: 706.00 Down Trend,
• (Long-Term) 200 Week: 796.59 Down Trend.

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: Bearish,
• 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 direction of all major moving averages and swing pivot trends. Despite the recent short-term upward bias indicated by the WSFG and MSFG (with price currently above the NTZ/F0% levels), the overall structure remains weak, with resistance levels stacked above and only a single support level at 501.50. The momentum is slow, and price action is characterized by medium-sized bars, suggesting a lack of strong conviction in either direction. Recent trade signals reflect mixed short-term activity, with both long and short entries triggered in close succession, highlighting a choppy environment. The long-term and intermediate-term outlooks remain bearish, with all key benchmarks trending down and significant resistance overhead. The market appears to be in a potential basing or consolidation phase after an extended decline, but has yet to demonstrate a clear reversal or sustained recovery.