ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jun-04 07:09 CT
Price Action
- Last: 581.25,
- Bars: Medium,
- Mom: Slow.
WSFG Weekly
- Short-Term
- WSFG Current: -56%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Jun
- Intermediate-Term
- MSFG Current: -32%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 25%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt Low 581.25,
- 4. Pvt. Next: Pvt High 680.75,
- 5. Levels R: 1574.75, 1211.25, 986.50, 868.25, 723.25,
- 6. Levels S: 581.25, 575.75, 509.50.
Weekly Benchmarks
- (Short-Term) 5 Day: 629.75 Down Trend,
- (Short-Term) 10 Day: 616.50 Down Trend,
- (Intermediate-Term) 20 Day: 595.25 Up Trend,
- (Intermediate-Term) 55 Day: 592.75 Up Trend,
- (Long-Term) 100 Day: 607.50 Up Trend,
- (Long-Term) 200 Day: 742.50 Down Trend.
Recent Trade Signals
- 03 Jun 2026: Short ZW 07-26 @ 601.75 Signals.USAR-WSFG
- 03 Jun 2026: Short ZW 07-26 @ 597.5 Signals.USAR-MSFG
- 27 May 2026: Short ZW 07-26 @ 624.25 Signals.USAR.TR720
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Neutral.
Key Insights Summary
Wheat is in a broad multi-year downtrend, but the weekly structure has started to stabilize near the 2026 lower YSFG zone with price holding around 581.25 after a sharp selloff and rebound attempt. Short-term conditions remain bearish because price is below the weekly and monthly session grids, the pivot trend is DTrend, and the recent WSFG/MSFG signals are both short. Intermediate benchmarks are still mixed to weak, with the 20, 55, and 100 day averages above price but not yet fully confirming a durable recovery. The long-term backdrop is more constructive than the shorter frames because the yearly grid is above its F0%/NTZ bias and the 2026 swing has already produced a low-to-high recovery pattern, yet the market remains below the major 200-day benchmark, keeping the broader tone neutral rather than outright bullish.
Chart Analysis ATS AI Generated: 2026-06-04 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.