ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jun-09 07:10 CT

Price Action

• Last: 574.75,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 17%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -28%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 26%
• 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 654.25,
• 5. Levels R: 1574.75, 1211.25, 988.50, 866.25, 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 Down Trend,
• (Intermediate-Term) 55 Day: 592.25 Down Trend,
• (Long-Term) 100 Day: 606 Down Trend,
• (Long-Term) 200 Day: 740 Down Trend.

Recent Trade Signals

• 09 Jun 2026: Long ZW 07-26 @ 587.5 Signals.USAR-WSFG
• 03 Jun 2026: Short ZW 07-26 @ 597.5 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Chicago SRW wheat is sitting near a major weekly swing low after a prolonged multi-year downtrend, with the latest price action showing a sharp rebound from the 2026 low area and a fast weekly momentum expansion. The short-term WSFG structure is positive and price remains above the weekly NTZ midpoint, but the swing pivot trend is still DTrend and the benchmark stack is still broadly below the market, which keeps the short-term picture mixed rather than cleanly impulsive. Intermediate-term structure remains under pressure because the June monthly fib grid is below F0% and the 20, 55, and 100 day benchmarks are still aligned lower. Long-term, the yearly fib grid is still constructive with price above the yearly midpoint and the 2026 zone acting as a base, while the broader pivot map shows the market transitioning from the 509.50 support area toward the next higher swing reference at 654.25.