ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-May-13 07:10 CT
Price Action
- Last: 679.25,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: 145%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 52%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 61%
- 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 683.00,
- 4. Pvt. Next: Pvt Low 606.00,
- 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: 610.5 Up Trend,
- (Short-Term) 10 Day: 612.25 Up Trend,
- (Intermediate-Term) 20 Day: 579 Up Trend,
- (Intermediate-Term) 55 Day: 588.5 Up Trend,
- (Long-Term) 100 Day: 610.5 Up Trend,
- (Long-Term) 200 Day: 749 Down Trend.
Recent Trade Signals
- 12 May 2026: Long ZW 07-26 @ 651.75 Signals.USAR.TR720
- 12 May 2026: Long ZW 07-26 @ 651.75 Signals.USAR-MSFG
- 11 May 2026: Long ZW 07-26 @ 628.5 Signals.USAR-WSFG
- 05 May 2026: Short ZW 07-26 @ 626.5 Signals.USAR.TR120
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Neutral.
Key Insights Summary
Weekly wheat is in a strong recovery phase with a fast upside impulse carrying price back above the yearly, monthly, and weekly session Fib grid midlines. The pivot structure is aligned higher, with the current short-term pivot trend and the broader Hi/Lo trend both pointing up, while the latest swing work marks a completed high at 683.00 and a next downside pivot reference at 606.00. Price is holding above the 5, 10, 20, 55, and 100 day benchmarks, which supports the current bullish swing structure, but the 200 day remains in a downtrend and sits well above price, keeping the longer-cycle backdrop mixed. Recent signals are mostly aligned to the upside across WSFG, MSFG, and TR720, reinforcing the current rally from the spring base and the breakout-style move through prior consolidation zones. The chart shows a series of higher lows and sharp rebound legs after extended decline, with nearby overhead reference at 723.25 and deeper structural support at 575.75 and 509.50.
Chart Analysis ATS AI Generated: 2026-05-13 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.