ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Apr-10 07:11 CT

Price Action

• Last: 570.00,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: -92%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -86%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 21%
• 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 570.00,
• 4. Pvt. Next: Pvt high 603.75,
• 5. Levels R: 625.00, 641.75,
• 6. Levels S: 564.50, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 575.46 Down Trend,
• (Short-Term) 10 Day: 584.25 Down Trend,
• (Intermediate-Term) 20 Day: 597.96 Down Trend,
• (Intermediate-Term) 55 Day: 575.46 Down Trend,
• (Long-Term) 100 Day: 550.70 Up Trend,
• (Long-Term) 200 Day: 549.60 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 09 Apr 2026: Short ZW 05-26 @ 575.25 Signals.USAR.TR720
• 07 Apr 2026: Short ZW 05-26 @ 592.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a pronounced short- and intermediate-term downtrend, with price action decisively below both the weekly and monthly session fib grids (WSFG, MSFG), and all short- and intermediate-term moving averages trending lower. The most recent swing pivot is a new low at 570.00, with the next potential reversal only above 603.75, and resistance levels overhead at 625.00 and 641.75. Support is close by at 564.50, with a major level at 501.25. Volatility remains moderate (ATR 51), and volume is steady. Despite the persistent short-term weakness, the long-term trend remains up, as indicated by the 100- and 200-day moving averages and the yearly session fib grid. Recent trade signals confirm the bearish momentum, with two short entries triggered this week. The market is currently in a corrective phase within a broader long-term uptrend, suggesting a period of downside pressure, potential for further testing of support, and possible volatility as the market seeks a base.