ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Apr-16 07:12 CT

Price Action

• Last: 600.75,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 64%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -35%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 33%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 625.00,
• 4. Pvt. Next: Pvt Low 591.75,
• 5. Levels R: 641.75, 625.00, 617.25, 603.75,
• 6. Levels S: 567.50, 564.50, 522.00, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 594.95 Up Trend,
• (Short-Term) 10 Day: 582.75 Up Trend,
• (Intermediate-Term) 20 Day: 576.77 Up Trend,
• (Intermediate-Term) 55 Day: 549.03 Up Trend,
• (Long-Term) 100 Day: 561.25 Up Trend,
• (Long-Term) 200 Day: 585.25 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 14 Apr 2026: Long ZW 05-26 @ 585.25 Signals.USAR-WSFG
• 13 Apr 2026: Long ZW 05-26 @ 582.75 Signals.USAR.TR120
• 09 Apr 2026: Short ZW 05-26 @ 575.25 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a market in transition. Short-term momentum is positive, with price action above key short-term moving averages and a recent swing pivot uptrend. The weekly session fib grid (WSFG) and most daily benchmarks confirm this bullish short-term bias, supported by recent long trade signals. However, the intermediate-term (monthly fib grid and HiLo trend) remains bearish, with price still below the monthly NTZ and a downward trend in the MSFG. Long-term structure is constructive, with the yearly fib grid and all major moving averages trending up, suggesting underlying strength. Volatility is moderate (ATR 51), and volume is steady. The market recently bounced from support near 567.50, but faces resistance at 603.75 and 625.00. This setup reflects a classic swing environment: a short-term rally within a broader intermediate-term pullback, with the potential for further upside if resistance levels are cleared, or renewed weakness if the rally stalls below key pivots.