ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Apr-06 07:09 CT

Price Action

• Last: 594.00,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -44%
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 641.75,
• 4. Pvt. Next: Pvt low 588.50,
• 5. Levels R: 641.75, 621.25, 603.75, 600.75, 594.00,
• 6. Levels S: 577.75, 564.50, 522.00, 506.75, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 604.75 Up Trend,
• (Short-Term) 10 Day: 600.75 Up Trend,
• (Intermediate-Term) 20 Day: 573.72 Up Trend,
• (Intermediate-Term) 55 Day: 575.32 Up Trend,
• (Long-Term) 100 Day: 548.25 Up Trend,
• (Long-Term) 200 Day: 549.61 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 06 Apr 2026: Short ZW 05-26 @ 592.25 Signals.USAR-WSFG
• 01 Apr 2026: Short ZW 05-26 @ 603 Signals.USAR.TR120
• 30 Mar 2026: Long ZW 05-26 @ 607.75 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a market in transition. Price action has recently shifted from a strong rally to a period of consolidation and mild retracement, with the last price at 594.00 and momentum at an average pace. Short-term signals are mixed: while the swing pivot trend remains up, recent trade signals have triggered short entries, and the weekly session fib grid (WSFG) trend is down with price below the NTZ, suggesting short-term weakness or a corrective phase. Intermediate and long-term trends remain bullish, supported by all major moving averages trending upward and price holding above key long-term benchmarks. The monthly session fib grid (MSFG) also shows price below the NTZ, indicating a pullback within a broader uptrend. Resistance is clustered near recent highs (641.75, 621.25), while support is well-defined below (577.75, 564.50). Volatility is moderate, and volume remains healthy. Overall, the market is digesting gains after a strong advance, with short-term caution warranted but the broader structure still favoring the bulls unless key support levels are broken.