ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Mar-23 07:13 CT

Price Action

• Last: 589.25,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -9%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: -18%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 30%
• 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 641.75,
• 5. Levels R: 641.75, 621.00, 605.25, 602.00,
• 6. Levels S: 564.50, 543.25, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 590.9 Down Trend,
• (Short-Term) 10 Day: 590.5 Down Trend,
• (Intermediate-Term) 20 Day: 589.23 Down Trend,
• (Intermediate-Term) 55 Day: 563.19 Up Trend,
• (Long-Term) 100 Day: 543.79 Up Trend,
• (Long-Term) 200 Day: 549.27 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 23 Mar 2026: Long ZW 05-26 @ 606 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 recent pullback from the March swing high at 641.75, with price currently trading at 589.25. Short-term momentum has shifted bearish, as indicated by the downtrend in the 5, 10, and 20-day moving averages, and the price sitting below both the weekly and monthly session fib grid NTZ centers. The most recent swing pivot is a low at 564.50, with the next potential resistance at the prior high of 641.75. Intermediate-term structure remains neutral, with the 55-day moving average trending up and price consolidating above key support levels. Long-term trend remains bullish, supported by the 100 and 200-day moving averages trending higher and the yearly session fib grid showing price above its NTZ center. Volatility is moderate, and volume is steady. The market is currently in a corrective phase within a broader uptrend, with recent trade signals indicating attempts to re-enter long positions on pullbacks. The chart reflects a market digesting gains after a strong rally, with potential for further consolidation or a retest of support before any renewed upside momentum.