ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Mar-10 07:12 CT

Price Action

• Last: 601.00,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -57%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 33%
• 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 564.50,
• 4. Pvt. Next: Pvt high 641.75,
• 5. Levels R: 641.75, 622.00, 601.25,
• 6. Levels S: 564.50, 522.00, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 589.25 Up Trend,
• (Short-Term) 10 Day: 583.25 Up Trend,
• (Intermediate-Term) 20 Day: 567.00 Up Trend,
• (Intermediate-Term) 55 Day: 548.80 Up Trend,
• (Long-Term) 100 Day: 536.48 Up Trend,
• (Long-Term) 200 Day: 548.70 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 82059.

Recent Trade Signals

• 10 Mar 2026: Short ZW 05-26 @ 593.25 Signals.USAR-MSFG
• 09 Mar 2026: Short ZW 05-26 @ 606 Signals.USAR.TR120
• 09 Mar 2026: Short ZW 05-26 @ 616.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures market has recently experienced a sharp rally, reaching a swing high at 641.75 before a notable pullback to the current level of 601.00. Price action is characterized by large, fast-moving bars, indicating heightened volatility and active participation. Short-term momentum has shifted bearish, as reflected by the DTrend in the swing pivot and the WSFG trend, with price now below the weekly NTZ and recent short signals firing. However, the intermediate and long-term outlooks remain bullish, supported by all major moving averages trending upward and price holding above both the monthly and yearly NTZ levels. The intermediate-term swing structure is still in an uptrend, with the most recent pivot low at 564.50 serving as key support. Volume remains robust, and ATR is elevated, confirming the current volatility regime. The market appears to be in a corrective phase within a broader uptrend, with the potential for further retracement or consolidation before the next directional move. Swing traders should note the clear separation between short-term corrective action and the underlying bullish structure on higher timeframes.