ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jun-11 07:09 CT
Price Action
- Last: 574.75,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 4%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Jun
- Intermediate-Term
- MSFG Current: -36%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 24%
- 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 654.75,
- 5. Levels R: 1574.75, 1211.25, 988.50, 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
- 11 Jun 2026: Long ZW 07-26 @ 588.75 Signals.USAR-WSFG
- 09 Jun 2026: Long ZW 07-26 @ 590.5 Signals.USAR.TR120
- 03 Jun 2026: Short ZW 07-26 @ 597.5 Signals.USAR-MSFG
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Wheat is trading with a pronounced long-cycle downtrend in the benchmark stack, but the current weekly structure is showing a tactical rebound from the 2026 year-session lower band near 509.50 and back above the 2026 F0% midpoint area. The short-term WSFG is positive and the active pivot trend is still in a bearish evolution phase, which fits a bounce-within-larger-downtrend profile rather than a full trend reversal. The monthly session remains below its midpoint and continues to read as intermediate-term weak, while the yearly session has recovered to a positive bias. Price is pressing up from a deep oversold weekly swing, with recent long signals aligning to the rebound, but the broader moving-average alignment still reflects a heavy overhead supply structure and a market that has spent most of the past year making lower highs and lower lows.
Chart Analysis ATS AI Generated: 2026-06-11 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.