ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Mar-24 07:12 CT
Price Action
- Last: 589.50,
- Bars: Medium,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: -17%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Mar
- Intermediate-Term
- MSFG Current: -27%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 28%
- 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 577.75,
- 4. Pvt. Next: Pvt high 643.75,
- 5. Levels R: 850.00, 772.00, 687.75, 641.75,
- 6. Levels S: 577.75, 501.25.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 590.6 Down Trend,
- (Intermediate-Term) 10 Week: 566.0 Down Trend,
- (Long-Term) 20 Week: 546.85 Down Trend,
- (Long-Term) 55 Week: 573.72 Down Trend,
- (Long-Term) 100 Week: 615.49 Down Trend,
- (Long-Term) 200 Week: 764.40 Down Trend.
Recent Trade Signals
- 24 Mar 2026: Short ZW 05-26 @ 591.25 Signals.USAR-WSFG
- 23 Mar 2026: Short ZW 05-26 @ 592.75 Signals.USAR.TR120
- 23 Mar 2026: Short ZW 05-26 @ 592.75 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
The ZW Chicago SRW Wheat Futures weekly chart reflects a persistent bearish environment in both the short- and intermediate-term timeframes, as indicated by the downward trends in the WSFG and MSFG, as well as the swing pivot trends. Price remains below the NTZ center and key moving averages, with recent trade signals confirming continued short-side momentum. The long-term YSFG trend is up, but price action and all major moving averages are still trending down, suggesting that any bullish bias is not yet confirmed by price structure. Resistance levels are well above current price, while support is clustered near recent lows, highlighting a market that remains under pressure with slow momentum and no clear reversal signals. The overall structure suggests ongoing consolidation near the lows, with the potential for further downside unless a significant shift in momentum or a breakout above resistance occurs.
Chart Analysis ATS AI Generated: 2026-03-24 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.