ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Feb-10 07:26 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart reflects a persistent downtrend across both short- and intermediate-term timeframes, as indicated by the negative WSFG and MSFG readings, both with price action below their respective NTZ/F0% levels. The most recent swing pivots confirm a dominant downward trend, with the next key support at 501.50 and resistance levels stacked well above current price, suggesting limited upward momentum. All benchmark moving averages from 5-week to 200-week are trending down, reinforcing the prevailing bearish sentiment. Recent trade signals have alternated between short and long, but the majority align with the broader downtrend. Despite a slight positive bias in the yearly session grid, the long-term trend remains neutral due to the lack of confirmation from price and moving averages. The market is exhibiting slow momentum and small bars, indicative of a consolidative or grinding phase near recent lows, with no clear signs of reversal. This environment is characterized by continued pressure, with any rallies likely facing strong resistance overhead.


Chart Analysis ATS AI Generated: 2026-02-10 07:27 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.