ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Mar-31 07:12 CT

Price Action

• Last: 608.75,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Mar

• Intermediate-Term
• MSFG Current: 15%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 36%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 574.75,
• 4. Pvt. Next: Pvt high 643.75,
• 5. Levels R: 1603.50, 1230.00, 985.20, 888.00, 775.00, 641.75,
• 6. Levels S: 574.75, 501.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 580 Up Trend,
• (Intermediate-Term) 10 Week: 577 Up Trend,
• (Long-Term) 20 Week: 549.99 Up Trend,
• (Long-Term) 55 Week: 614 Down Trend,
• (Long-Term) 100 Week: 704 Down Trend,
• (Long-Term) 200 Week: 760 Down Trend.

Recent Trade Signals

• 31 Mar 2026: Long ZW 05-26 @ 612.5 Signals.USAR-WSFG
• 30 Mar 2026: Long ZW 05-26 @ 607.75 Signals.USAR-MSFG
• 23 Mar 2026: Short ZW 05-26 @ 592.75 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a notable shift in momentum, with price action breaking above key short- and intermediate-term Fibonacci grid levels and moving averages. The recent swing pivot structure confirms an uptrend in both short- and intermediate-term timeframes, with the most recent pivot low at 574.75 and the next resistance at 641.75. Multiple recent long signals reinforce the bullish tone for the near term. However, long-term moving averages (55, 100, 200 week) remain in a downtrend, indicating that while a recovery is underway, the broader trend is still neutral and has not fully reversed. The market is emerging from a prolonged downtrend, showing signs of a potential V-shaped recovery or strong bounce, but faces significant resistance overhead. Volatility is moderate, and the price is consolidating above the NTZ center, suggesting a possible continuation higher if resistance levels are overcome.