ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jan-29 07:25 CT

Price Action

• Last: 542.00,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 54%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 69%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 10%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 543.00,
• 4. Pvt. Next: Pvt low 504.50,
• 5. Levels R: 988.25, 879.25, 688.00, 677.25, 543.00,
• 6. Levels S: 501.50, 471.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 532.25 Down Trend,
• (Intermediate-Term) 10 Week: 542.25 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: Bullish,
• Intermediate-Term: Neutral,
• Long-Term: Bearish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a market in transition. Price action is consolidating with small bars and slow momentum, indicating a pause after a prolonged downtrend. The short-term WSFG and monthly MSFG both show price above their respective NTZ/F0% levels and are trending up, suggesting a potential short-term recovery or bounce. However, the intermediate-term HiLo trend remains down, and all major moving averages (from 5-week to 200-week) are in downtrends, highlighting persistent long-term bearish pressure. Swing pivots indicate the most recent evolution is a pivot high at 543.00, with the next key support at 504.50. Resistance levels remain well above current price, reflecting the depth of the prior decline. Recent trade signals show mixed activity, with both long and short entries in the last week, underscoring the choppy, indecisive nature of the current market. Overall, while short-term sentiment has turned bullish on a technical bounce, the intermediate-term is neutral as the market tests key levels, and the long-term structure remains bearish until a sustained move above major resistance and long-term averages occurs.