ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Feb-23 07:15 CT
Price Action
- Last: 576.00,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -5%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Feb
- Intermediate-Term
- MSFG Current: 92%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 23%
- 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 576.00,
- 4. Pvt. Next: Pvt low 500.00,
- 5. Levels R: 576.00, 548.73, 532.32,
- 6. Levels S: 506.75, 501.25, 500.00.
Daily Benchmarks
- (Short-Term) 5 Day: 555.52 Up Trend,
- (Short-Term) 10 Day: 538.76 Up Trend,
- (Intermediate-Term) 20 Day: 532.32 Up Trend,
- (Intermediate-Term) 55 Day: 529.85 Up Trend,
- (Long-Term) 100 Day: 548.73 Down Trend,
- (Long-Term) 200 Day: 568.70 Down Trend.
Additional Metrics
Recent Trade Signals
- 18 Feb 2026: Long ZW 05-26 @ 551.75 Signals.USAR-WSFG
- 18 Feb 2026: Long ZW 05-26 @ 551.75 Signals.USAR.TR120
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 bullish momentum in the short and intermediate term, with price surging to new swing highs and large, fast-moving bars. The short-term pivot trend and intermediate-term HiLo trend are both in uptrends, supported by recent long trade signals and a cluster of resistance levels now being tested or broken. The price is trading well above the 5, 10, 20, and 55-day moving averages, all of which are trending up, confirming the strength of the current rally. However, the 100 and 200-day moving averages remain in a downtrend, indicating that the longer-term trend has not fully reversed yet and the market is at a critical inflection point. Volatility is elevated (ATR 51), and volume is robust, suggesting strong participation in the move. The market has broken above the monthly and yearly session fib grid centers, signaling a shift in intermediate and long-term sentiment. Overall, the technical structure favors continued bullish action in the near term, but the proximity to major long-term resistance levels and the lagging long-term trend warrant close monitoring for potential exhaustion or reversal patterns.
Chart Analysis ATS AI Generated: 2026-02-23 07:15 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.