ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Feb-09 07:28 CT
Price Action
- Last: 528,
- Bars: Small,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: -11%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: -24%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 4%
- 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 high 541.75,
- 4. Pvt. Next: Pvt low 501.75,
- 5. Levels R: 850.0, 717.25, 688.0, 622.64, 541.75,
- 6. Levels S: 501.50.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 533.25 Down Trend,
- (Intermediate-Term) 10 Week: 559.5 Down Trend,
- (Long-Term) 20 Week: 602.64 Down Trend,
- (Long-Term) 55 Week: 702.75 Down Trend,
- (Long-Term) 100 Week: 788.84 Down Trend,
- (Long-Term) 200 Week: 1020.74 Down Trend.
Recent Trade Signals
- 09 Feb 2026: Short ZW 03-26 @ 528 Signals.USAR-WSFG
- 05 Feb 2026: Long ZW 03-26 @ 535 Signals.USAR.TR120
- 02 Feb 2026: Short ZW 03-26 @ 530.75 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
The ZW Chicago SRW Wheat Futures weekly chart continues to reflect a persistent downtrend across both short-term and intermediate-term timeframes, as confirmed by the negative WSFG and MSFG readings, both with price action below their respective NTZ/F0% levels. The swing pivot structure is dominated by lower highs and lower lows, with the most recent pivot high at 541.75 and the next key support at 501.75, reinforcing the prevailing downside momentum. All benchmark moving averages from 5-week to 200-week are trending down, further supporting the bearish technical landscape. Recent trade signals have been mixed but lean bearish, with two short entries bracketing a brief long attempt, indicating choppy, low-momentum price action near recent lows. Despite a slight positive reading on the yearly session fib grid (YSFG), the long-term trend remains neutral as price is still well below major resistance levels and long-term moving averages. Overall, the market is in a prolonged corrective phase, with no clear signs of reversal, and continues to test lower support levels amid subdued volatility and momentum.
Chart Analysis ATS AI Generated: 2026-02-09 07:28 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.