ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Mar-03 07:14 CT

Price Action

• Last: 581.50,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -62%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: -39%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 25%
• 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 570.25,
• 4. Pvt. Next: Pvt high 603.75,
• 5. Levels R: 603.75, 590.25, 583.25, 570.25,
• 6. Levels S: 541.06, 532.85, 522.00, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 577.25 Down Trend,
• (Short-Term) 10 Day: 570.25 Up Trend,
• (Intermediate-Term) 20 Day: 555.00 Up Trend,
• (Intermediate-Term) 55 Day: 548.43 Up Trend,
• (Long-Term) 100 Day: 532.75 Up Trend,
• (Long-Term) 200 Day: 546.8 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77,996.

Recent Trade Signals

• 02 Mar 2026: Short ZW 05-26 @ 577 Signals.USAR.TR120
• 27 Feb 2026: Long ZW 05-26 @ 583 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a recent sharp pullback after a strong rally, with price currently at 581.50. The short-term trend has shifted bearish, as indicated by the downward WSFG and a new swing low pivot, while the intermediate and long-term trends remain bullish, supported by upward-trending moving averages and higher swing lows. The price is below both the weekly and monthly session fib grid centers, suggesting short-term weakness, but remains above the yearly grid, reflecting longer-term strength. Volatility is elevated (ATR 51), and volume remains robust. The market recently triggered a short signal after a failed breakout above 600, with resistance at 603.75 and support at 541.06 and 532.85. This setup suggests a corrective phase within a broader uptrend, with potential for further consolidation or a retest of lower support before any renewed upward momentum.