ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-May-29 07:10 CT

Price Action

Last: 644.00,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -36%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -30%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 39%
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 688.25,
4. Pvt. Next: Pvt Low 611.25,
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: 631.00 Up Trend,
(Short-Term) 10 Day: 615.75 Up Trend,
(Intermediate-Term) 20 Day: 591.00 Up Trend,
(Intermediate-Term) 55 Day: 592.00 Up Trend,
(Long-Term) 100 Day: 608.25 Up Trend,
(Long-Term) 200 Day: 744.75 Down Trend.

Recent Trade Signals

27 May 2026: Short ZW 07-26 @ 624.25 Signals.USAR.TR720
27 May 2026: Short ZW 07-26 @ 631.75 Signals.USAR-MSFG
21 May 2026: Short ZW 07-26 @ 652.5 Signals.USAR.TR120

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Bearish,
Long-Term: Neutral.

Key Insights Summary

Weekly structure remains pressured by the dominant downtrend in the weekly and monthly session fib grids, with price still sitting below the NTZ/f0% area on both time frames. The most recent swing has rebounded sharply from the late-April/early-May low region, but the broader pivot map still shows a lower-high / lower-low sequence on the larger swing path, even as the short-term pivot trend has turned up. Price is holding above the 20, 55, and 100 day benchmarks, which reflects a firming intermediate backdrop, yet it remains below the 200 day benchmark, keeping the long-term profile mixed rather than fully trend-confirming. The yearly session grid is constructive and above f0%, but the shorter-cycle sell signals from TR120, MSFG, and TR720 keep the weekly posture heavy despite the recent rebound from support.