ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Feb-11 07:23 CT

Price Action

• Last: 531.75,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: -16%
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 522.25,
• 4. Pvt. Next: Pvt high 544.75,
• 5. Levels R: 568.75, 563.25, 544.75, 535.25, 533.00, 507.00, 501.50,
• 6. Levels S: 522.25, 510.00, 501.50.

Daily Benchmarks

• (Short-Term) 5 Day: 527.75 Down Trend,
• (Short-Term) 10 Day: 532 Down Trend,
• (Intermediate-Term) 20 Day: 524.05 Up Trend,
• (Intermediate-Term) 55 Day: 525.97 Down Trend,
• (Long-Term) 100 Day: 528.75 Down Trend,
• (Long-Term) 200 Day: 550.5 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 11 Feb 2026: Short ZW 03-26 @ 531.5 Signals.USAR-MSFG
• 09 Feb 2026: Short ZW 03-26 @ 528 Signals.USAR-WSFG
• 05 Feb 2026: Long ZW 03-26 @ 535 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a market in transition, with mixed signals across timeframes. Price action is currently consolidating near 531.75, with medium-sized bars and average momentum, reflecting a lack of strong directional conviction. The short-term Weekly Session Fib Grid (WSFG) trend is up, but the price is now below the Monthly Session Fib Grid (MSFG) NTZ, indicating intermediate-term weakness. The swing pivot structure highlights a short-term downtrend (DTrend) but an intermediate-term uptrend (UTrend), with the most recent pivot low at 522.25 and the next key resistance at 544.75. Moving averages are mixed: short-term and long-term benchmarks are trending down, while the 20-day MA is up, suggesting a choppy environment with no clear sustained trend. Recent trade signals have shifted from a short-term long to back-to-back short entries, aligning with the current short-term bearish bias. Volatility (ATR) and volume (VOLMA) are moderate, supporting the view of a market in consolidation rather than trending. Overall, the chart reflects a market caught between counter-trend rallies and pullbacks, with no decisive breakout or breakdown, and traders are likely watching for a resolution of this range-bound action.