ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Feb-01 18:22 CT

Price Action

• Last: 538.00,
• Bars: Medium,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 36%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: 62%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 8%
• 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 548.75,
• 4. Pvt. Next: Pvt Low 507.00,
• 5. Levels R: 568.75, 563.25, 548.75, 538.00,
• 6. Levels S: 507.00, 501.50.

Daily Benchmarks

• (Short-Term) 5 Day: 522.5 Up Trend,
• (Short-Term) 10 Day: 524.5 Up Trend,
• (Intermediate-Term) 20 Day: 516.94 Up Trend,
• (Intermediate-Term) 55 Day: 529.27 Down Trend,
• (Long-Term) 100 Day: 522.05 Down Trend,
• (Long-Term) 200 Day: 553.69 Down Trend.

Additional Metrics

• ATR: 39,
• VOLMA: 87829.

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

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a strong short-term and intermediate-term uptrend, with price action breaking above key resistance levels and maintaining momentum. The recent swing pivot structure confirms an upward trend, with the most recent pivot high at 548.75 and support at 507.00 and 501.50. All short-term and intermediate-term moving averages are trending up, while longer-term benchmarks (55, 100, 200-day) remain in a downtrend, indicating that the current rally is still in the process of challenging the broader bearish structure. The ATR and volume metrics suggest heightened activity and volatility, supporting the recent breakout move. Trade signals reflect a recent shift from short to long, aligning with the bullish momentum. Overall, the market is in a bullish phase in the short and intermediate term, with the long-term trend yet to confirm a full reversal. The price is currently testing previous resistance levels, and the market is showing signs of a potential trend continuation after a period of consolidation and a strong upward push.