ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Apr-02 07:11 CT

Price Action

• Last: 607.75,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -21%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 36%
• 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 574.75,
• 4. Pvt. Next: Pvt high 643.75,
• 5. Levels R: 1603.50, 1230.00, 988.25, 883.00, 775.00, 641.75,
• 6. Levels S: 574.75, 501.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 580 Down Trend,
• (Intermediate-Term) 10 Week: 577 Down Trend,
• (Long-Term) 20 Week: 549.99 Up Trend,
• (Long-Term) 55 Week: 614 Down Trend,
• (Long-Term) 100 Week: 760.22 Down Trend,
• (Long-Term) 200 Week: 1064 Down Trend.

Recent Trade Signals

• 01 Apr 2026: Short ZW 05-26 @ 603 Signals.USAR.TR120
• 31 Mar 2026: Long ZW 05-26 @ 612.5 Signals.USAR-WSFG
• 30 Mar 2026: Long ZW 05-26 @ 607.75 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 shows a market that remains under pressure in the short and intermediate term, with both the WSFG and MSFG trends pointing down and price action below their respective NTZ/F0% levels. Swing pivots confirm a dominant downtrend, with the most recent pivot low at 574.75 and the next resistance at 643.75. Multiple resistance levels remain overhead, while support is clustered near recent lows. The 5- and 10-week moving averages are trending down, reinforcing the bearish tone, while the 20-week MA has turned up, suggesting some emerging long-term support. However, the 55-, 100-, and 200-week MAs are still in decline, indicating that any recovery may face significant headwinds. Recent trade signals show mixed short-term activity but overall favor the downside. The long-term YSFG trend is up, but with price still below major resistance and the broader moving averages, the market is in a transitional phase. This environment is characterized by potential for countertrend rallies, but the prevailing structure remains bearish until a sustained move above key resistance levels occurs.