ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Mar-18 07:14 CT

Price Action

• Last: 587.50,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -47%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: -28%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 27%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 501.25,
• 4. Pvt. Next: Pvt high 639.00,
• 5. Levels R: 1203.00, 885.20, 775.00, 687.75, 641.75,
• 6. Levels S: 501.25, 544.15, 587.50.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 553.25 Up Trend,
• (Intermediate-Term) 10 Week: 544.15 Up Trend,
• (Long-Term) 20 Week: 577 Up Trend,
• (Long-Term) 55 Week: 616.58 Down Trend,
• (Long-Term) 100 Week: 706.15 Down Trend,
• (Long-Term) 200 Week: 768.68 Down Trend.

Recent Trade Signals

• 18 Mar 2026: Short ZW 05-26 @ 591.5 Signals.USAR-MSFG
• 17 Mar 2026: Short ZW 05-26 @ 590 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The weekly chart for ZW Chicago SRW Wheat Futures shows a market that remains under pressure in the short and intermediate term, with both the WSFG and MSFG trends pointing down and price action holding below their respective NTZ/F0% levels. Swing pivots confirm a dominant downtrend, with the most recent pivot low at 501.25 and the next resistance at 639.00. Multiple resistance levels overhead suggest rallies may face selling pressure. However, the long-term YSFG trend has turned up, with price above the yearly NTZ/F0%, hinting at a potential base forming or a shift in the broader cycle. Moving averages show short-term strength (5, 10, and 20 week MAs trending up), but longer-term averages (55, 100, 200 week) remain in decline, reflecting the legacy of the extended downtrend. Recent trade signals are short, aligning with the prevailing short- and intermediate-term bearish structure. Overall, the market is in a transitional phase: while short-term bounces are possible, the dominant trend remains bearish until a sustained move above key resistance levels and longer-term moving averages occurs.