ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Mar-22 18:09 CT

Price Action

• Last: 595.75,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -29%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: -10%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 31%
• 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 618.75,
• 5. Levels R: 641.75, 618.75, 607.25, 602.00,
• 6. Levels S: 589.18, 564.50, 562.00, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 602.5 Down Trend,
• (Short-Term) 10 Day: 601.75 Down Trend,
• (Intermediate-Term) 20 Day: 589.18 Up Trend,
• (Intermediate-Term) 55 Day: 569.25 Up Trend,
• (Long-Term) 100 Day: 543.10 Up Trend,
• (Long-Term) 200 Day: 549.20 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 88,826.

Recent Trade Signals

• 20 Mar 2026: Long ZW 05-26 @ 605.5 Signals.USAR-MSFG
• 18 Mar 2026: Long ZW 05-26 @ 605.75 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a market in transition. Short-term momentum has shifted bearish, with price currently below both the weekly and monthly session fib grid centers (NTZ), and the 5- and 10-day moving averages trending down. The most recent swing pivot is a low at 564.50, with the next potential pivot high at 618.75, indicating a possible range-bound environment after a recent pullback from the March high at 641.75. Intermediate-term signals are mixed: while the monthly trend is down, the 20- and 55-day moving averages remain in uptrends, and the intermediate HiLo pivot trend is still up. Long-term structure remains bullish, with price above the yearly fib grid center and all major long-term moving averages trending higher. Volatility is moderate (ATR 51), and volume remains robust. Recent trade signals have triggered long entries, suggesting traders are watching for a potential reversal or bounce, but short-term resistance levels overhead may cap rallies. The market is consolidating after a sharp rally and pullback, with key support at 589.18 and 564.50, and resistance at 607.25 and 618.75. The overall setup reflects a market pausing within a larger uptrend, with short-term weakness but underlying long-term strength.