ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Feb-03 07:25 CT

Price Action

• Last: 530.75,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: -44%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -19%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 5%
• 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 541.75,
• 4. Pvt. Next: Pvt Low 525.25,
• 5. Levels R: 563.25, 553.75, 541.75, 537.00, 535.00, 530.75,
• 6. Levels S: 525.25, 510.00, 501.50.

Daily Benchmarks

• (Short-Term) 5 Day: 525.25 Up Trend,
• (Short-Term) 10 Day: 519.05 Up Trend,
• (Intermediate-Term) 20 Day: 529.22 Up Trend,
• (Intermediate-Term) 55 Day: 525.25 Down Trend,
• (Long-Term) 100 Day: 520.25 Down Trend,
• (Long-Term) 200 Day: 553 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 02 Feb 2026: Short ZW 03-26 @ 530.75 Signals.USAR-MSFG
• 26 Jan 2026: Short ZW 03-26 @ 522.75 Signals.USAR.TR120

Overall Rating

• Short-Term: Neutral,
• Intermediate-Term: Bearish,
• 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 January lows, with medium-sized bars and average momentum, but the current price sits just below a key resistance cluster. Short-term swing pivots and moving averages are in an uptrend, suggesting some bullish recovery, but both the weekly and monthly session fib grids (WSFG, MSFG) remain in a downtrend, indicating that the broader trend is still pressured to the downside. Intermediate and long-term moving averages are trending down, reinforcing the overall bearish bias beyond the short-term bounce. The most recent trade signals have triggered short entries, aligning with the prevailing intermediate-term weakness. Volatility (ATR) is moderate, and volume is steady, suggesting active participation but not extreme conditions. Overall, the market is at a technical crossroads, with short-term strength facing significant resistance and the intermediate-term trend still favoring the bears. Swing traders should note the potential for further pullbacks or consolidation unless a decisive breakout above resistance levels occurs.