ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Mar-09 07:15 CT
Price Action
- Last: 621.75,
- Bars: Medium,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -10%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Mar
- Intermediate-Term
- MSFG Current: 43%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 41%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 5. Levels R: 1203, 985, 772, 687,
- 6. Levels S: 571, 501.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 573.25 Up Trend,
- (Intermediate-Term) 10 Week: 547.5 Up Trend,
- (Long-Term) 20 Week: 540.03 Up Trend,
- (Long-Term) 55 Week: 571.15 Down Trend,
- (Long-Term) 100 Week: 703 Down Trend,
- (Long-Term) 200 Week: 772.91 Down Trend.
Recent Trade Signals
- 09 Mar 2026: Long ZW 05-26 @ 630.25 Signals.USAR-WSFG
- 05 Mar 2026: Long ZW 05-26 @ 585 Signals.USAR.TR120
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Neutral.
Key Insights Summary
The weekly chart for ZW Chicago SRW Wheat Futures shows a notable shift in momentum, with price action accelerating upward from recent lows. The short-term and intermediate-term trends have turned bullish, as confirmed by both swing pivot trends and the upward movement of the 5, 10, and 20-week moving averages. Price has broken above key intermediate-term resistance levels and is now trading above the monthly and yearly session fib grid centers, indicating a recovery phase after a prolonged downtrend. However, long-term benchmarks (55, 100, and 200-week MAs) remain in a downtrend, suggesting that the broader trend is still neutral and that significant overhead resistance remains at higher levels (687, 772, 985, 1203). The recent trade signals align with this bullish reversal, highlighting a potential trend change or at least a strong counter-trend rally. The market is currently in a recovery or bounce phase, with volatility increasing and the potential for further upside if resistance levels are challenged and broken. This environment is typical of a market transitioning from a deep sell-off to a possible base-building or early-stage uptrend.
Chart Analysis ATS AI Generated: 2026-03-09 07:16 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.