ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Mar-12 07:13 CT

Price Action

• Last: 603.00,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 617.5,
• 4. Pvt. Next: Pvt Low 501.25,
• 5. Levels R: 1203.00, 985.00, 772.91, 687.75, 617.5,
• 6. Levels S: 501.25.

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: 678.5 Down Trend,
• (Long-Term) 200 Week: 703.00 Down Trend.

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

Key Insights Summary

The weekly chart for ZW Chicago SRW Wheat Futures shows a market in transition. Price action has recently moved above key intermediate-term moving averages (5, 10, and 20 week), indicating a shift in momentum to the upside for the first time in several months. The short-term swing pivot trend has turned up, and the intermediate-term HiLo trend is also up, suggesting a potential recovery phase or at least a significant retracement from the lows. However, the WSFG (Weekly Session Fib Grid) trend remains down, and recent short-term trade signals have been to the short side, reflecting ongoing resistance and possible choppiness in the near term. Long-term benchmarks (55, 100, 200 week MAs) are still trending down, and price remains well below major resistance levels, indicating that the broader trend is still bearish. The market is currently testing the 617.5 resistance level, with the next major support at 501.25. The overall structure suggests a possible bottoming process, but with overhead resistance and mixed signals across timeframes, the market may experience further consolidation or volatility before a clear long-term trend reversal is established.