ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-May-12 07:10 CT
Price Action
- Last: 647.50,
- Bars: Small,
- Mom: Slow.
WSFG Weekly
- Short-Term
- WSFG Current: 63%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 7%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 48%
- 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, 868.25, 723.25,
- 6. Levels S: 575.75, 509.50.
Weekly Benchmarks
- (Short-Term) 5 Day: 610.50 Up Trend,
- (Short-Term) 10 Day: 612.25 Up Trend,
- (Intermediate-Term) 20 Day: 579.00 Up Trend,
- (Intermediate-Term) 55 Day: 588.50 Up Trend,
- (Long-Term) 100 Day: 610.50 Up Trend,
- (Long-Term) 200 Day: 749.00 Down Trend.
Recent Trade Signals
- 11 May 2026: Long ZW 07-26 @ 628.5 Signals.USAR-WSFG
- 06 May 2026: Short ZW 07-26 @ 613.75 Signals.USAR.TR720
- 05 May 2026: Short ZW 07-26 @ 626.5 Signals.USAR.TR120
- 05 May 2026: Short ZW 07-26 @ 626.5 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Weekly wheat remains in a broader downtrend structure from the 2022 highs, but the current 2026 profile is showing an improving swing posture. Price is holding above the yearly, monthly, and weekly F0%/NTZ reference zones, with the WSFG, MSFG, and YSFG all aligned to the upside. The pivot structure has flipped to UTrend, and the most recent pivot evolution is a confirmed high at 671.50 with the next pivot reference at 599.00. Benchmarks are mostly stacked with the 5, 10, 20, 55, and 100 day averages trending higher, while the 200 day remains downward and well above current price, reflecting a still-separated long-term backdrop. Recent signals show a short-term turn toward strength after a cluster of prior short signals, matching the current rebound and higher-low recovery attempt near the 2026 session box.
Chart Analysis ATS AI Generated: 2026-05-12 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.