ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Apr-17 07:09 CT

Price Action

• Last: 600.00,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 61%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -37%
• 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 600.00,
• 4. Pvt. Next: Pvt Low 580.00,
• 5. Levels R: 641.75, 625.00, 600.00,
• 6. Levels S: 567.50, 564.50, 522.00, 501.25.

Daily Benchmarks

• (Short-Term) 5 Day: 588.3 Up Trend,
• (Short-Term) 10 Day: 583.5 Up Trend,
• (Intermediate-Term) 20 Day: 594.66 Up Trend,
• (Intermediate-Term) 55 Day: 577.55 Up Trend,
• (Long-Term) 100 Day: 551.75 Up Trend,
• (Long-Term) 200 Day: 549.08 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: Neutral,
• Long-Term: Bullish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a strong short-term bullish momentum, with price recently breaking above key moving averages and the weekly session fib grid (WSFG) indicating an uptrend. The last price of 600.00 is above all major moving averages, which are all trending upward, reinforcing the bullish bias in both short- and long-term perspectives. However, the intermediate-term (monthly session fib grid, MSFG) remains in a downtrend, with price still below the monthly NTZ center, suggesting some resistance to sustained upward movement in the medium term. Swing pivots highlight a recent pivot high at 600.00, with the next potential pivot low at 580.00, and resistance levels at 625.00 and 641.75. Support is clustered around 567.50 and lower. Recent trade signals have shifted to the long side, reflecting the short-term trend reversal. Volatility (ATR) is moderate, and volume is steady. Overall, the market is in a recovery phase with bullish short- and long-term structure, but faces intermediate-term headwinds, likely reflecting ongoing consolidation or a corrective phase within a broader uptrend.