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

Price Action

• Last: 596.75,
• 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: UTrend,
• (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, 878.00, 775.00, 687.75, 641.75,
• 6. Levels S: 501.25, 591.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 573.00 Up Trend,
• (Intermediate-Term) 10 Week: 544.15 Up Trend,
• (Long-Term) 20 Week: 577.00 Up Trend,
• (Long-Term) 55 Week: 585.25 Down Trend,
• (Long-Term) 100 Week: 616.58 Down Trend,
• (Long-Term) 200 Week: 768.68 Down Trend.

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a market in transition. Price action has recently bounced from a significant swing low (501.25), with medium-sized bars and average momentum, suggesting a moderate recovery attempt. Short-term and intermediate-term Fib grid trends remain down, with price still below their respective NTZ/F0% levels, indicating that the recent rally is still counter-trend in nature. However, the short-term swing pivot trend has shifted to an uptrend, supported by recent long trade signals and upward movement in the 5, 10, and 20-week moving averages. Intermediate-term structure remains bearish, as the HiLo trend is still down and price is below key resistance levels. Long-term, the yearly Fib grid trend is up, with price above the yearly NTZ/F0%, but major moving averages (55, 100, 200 week) are still trending down, reflecting the broader downtrend from previous years. Resistance is stacked above at 641.75 and higher, while support is established at 591.25 and the recent low at 501.25. The market is currently in a recovery phase, but faces significant overhead resistance and has not yet confirmed a sustained reversal. Volatility remains moderate, and the structure suggests a potential for further consolidation or a test of resistance before any decisive breakout.