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

Price Action

• Last: 603,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -56%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: 4%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 34%
• 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 583.75,
• 4. Pvt. Next: Pvt high 618.75,
• 5. Levels R: 641.75, 618.75, 611.00, 604.00,
• 6. Levels S: 564.50, 552.26, 540.00, 538.07, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 585 Up Trend,
• (Short-Term) 10 Day: 573.5 Up Trend,
• (Intermediate-Term) 20 Day: 573.5 Up Trend,
• (Intermediate-Term) 55 Day: 548.92 Up Trend,
• (Long-Term) 100 Day: 538.07 Up Trend,
• (Long-Term) 200 Day: 540 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 11 Mar 2026: Short ZW 05-26 @ 595 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 is currently experiencing a sharp pullback after a strong rally, as evidenced by large, fast-momentum bars and a recent swing high at 641.75. Short-term price action has shifted to a downtrend, with price now below the weekly session fib grid (WSFG) NTZ and multiple short-term sell signals triggered in the last few sessions. However, the intermediate and long-term trends remain bullish, supported by price holding above the monthly and yearly fib grid NTZs and all major moving averages trending upward. Key support levels are clustered around 564.50 and 552.26, while resistance is overhead at 618.75 and 641.75. Volatility remains elevated (ATR 51), and volume is robust. The market is in a corrective phase within a broader uptrend, with the potential for further downside in the short term before buyers may reassert control at key support zones.