ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jun-08 07:08 CT

Price Action

• Last: 576.25,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -41%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 22%
• 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 574.75,
• 4. Pvt. Next: Pvt High 645.25,
• 5. Levels R: 1574.75, 1211.25, 986.50, 868.25, 723.25,
• 6. Levels S: 574.75, 509.50.

Weekly Benchmarks

• (Short-Term) 5 Day: 618.25 Down Trend,
• (Short-Term) 10 Day: 613.25 Down Trend,
• (Intermediate-Term) 20 Day: 598.00 Down Trend,
• (Intermediate-Term) 55 Day: 592.25 Down Trend,
• (Long-Term) 100 Day: 606.00 Down Trend,
• (Long-Term) 200 Day: 740.00 Down Trend.

Recent Trade Signals

• 08 Jun 2026: Short ZW 07-26 @ 576.25 Signals.USAR-WSFG
• 03 Jun 2026: Short ZW 07-26 @ 597.5 Signals.USAR-MSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

WZW wheat is trading in a clear weekly downtrend structure with price pinned below the weekly and monthly F0%/NTZ zones, confirming short- and intermediate-term weakness. The swing pivot state remains bearish with a DTrend, while the next pivot reference is a higher swing high near 645.25 after the most recent low at 574.75, showing an active but still fragile countertrend recovery attempt. Benchmarks are stacked bearishly across the board, with price below the 5, 10, 20, 55, 100, and 200-week averages, reinforcing a persistent lower-high, lower-low pattern. The long-term yearly session fib grid remains above F0%, which keeps the broader yearly structure constructive despite the current selloff. Recent signals align with the softer weekly and monthly tone, while the chart still reflects a larger cyclical decline that has repeatedly bounced from pivot support before meeting overhead resistance.