ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Apr-30 07:10 CT
Price Action
- Last: 644.00,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 82%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: 31%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 47%
- 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 671.50,
- 4. Pvt. Next: Pvt Low 599.00,
- 5. Levels R: 1574.75, 1211.25, 986.50, 886.25, 723.25,
- 6. Levels S: 575.75, 509.50.
Weekly Benchmarks
- (Short-Term) 5 Day: 603.00 Up Trend,
- (Short-Term) 10 Day: 605.60 Up Trend,
- (Intermediate-Term) 20 Day: 569.00 Up Trend,
- (Intermediate-Term) 55 Day: 585.60 Up Trend,
- (Long-Term) 100 Day: 614.00 Up Trend,
- (Long-Term) 200 Day: 754.25 Down Trend.
Recent Trade Signals
- 30 Apr 2026: Short ZW 07-26 @ 646.25 Signals.USAR.TR120
- 28 Apr 2026: Long ZW 07-26 @ 640 Signals.USAR-MSFG
- 27 Apr 2026: Long ZW 07-26 @ 621.25 Signals.USAR-WSFG
- 23 Apr 2026: Long ZW 07-26 @ 617.75 Signals.USAR.TR720
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Neutral.
Key Insights Summary
Weekly wheat remains in a broad secular downtrend, but the current tape is showing a strong corrective rally from the lower 2026 base. Price has pushed back above the 5, 10, 20, 55, and 100 day benchmarks, with the short-term and session fib grids both biased above F0%, which supports an improving swing structure. The pivot trend is now UTrend and the latest sequence shows a higher-high objective at 671.50 with the next downside pivot reference at 599.00. The recent long signals into the 617.75 to 640 area align with the rebound phase, while the latest short signal reflects a sharp extension into resistance near the mid-640s. Longer-term, the 200 day benchmark is still declining and sits well overhead, so the larger trend framework remains mixed-to-neutral despite the current upside recovery.
Chart Analysis ATS AI Generated: 2026-04-30 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.