ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Apr-12 18:08 CT

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -96%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -88%
• 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 507.50,
• 4. Pvt. Next: Pvt high 632.00,
• 5. Levels R: 1630.00, 1230.00, 985.20, 878.00, 853.20, 715.00, 641.75,
• 6. Levels S: 507.50, 501.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 552.86 Down Trend,
• (Intermediate-Term) 10 Week: 575.72 Down Trend,
• (Long-Term) 20 Week: 619.31 Down Trend,
• (Long-Term) 55 Week: 706.50 Down Trend,
• (Long-Term) 100 Week: 756.60 Down Trend,
• (Long-Term) 200 Week: 1024.00 Down Trend.

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: Neutral.

Key Insights Summary

Chicago SRW Wheat Futures continue to exhibit pronounced weakness across both short- and intermediate-term timeframes, with price action remaining below key session fib grid levels and all major moving averages trending downward. The most recent swing pivots confirm a persistent downtrend, with the latest pivot low at 507.50 acting as the nearest support and resistance levels well above current price, indicating limited upward momentum. Recent trade signals reinforce the bearish bias, as both short- and long-term signals have triggered new short entries. Despite a slight positive reading on the yearly session fib grid, the long-term trend remains neutral due to the overwhelming downward pressure from intermediate and short-term metrics. The market is in a prolonged corrective phase, with no clear signs of reversal, and continues to test lower support levels amid slow momentum and subdued volatility.