ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jun-12 07:09 CT
Price Action
- Last: 579.00,
- Bars: Large,
- Mom: slow.
WSFG Weekly
- Short-Term
- WSFG Current: 4%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Jun
- Intermediate-Term
- MSFG Current: -37%
- 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: DTrend,
- 3. Pvt. Evolve: Pvt Low 574.75,
- 4. Pvt. Next: Pvt High 654.75,
- 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: 598.00 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
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
Weekly wheat is showing a sharp counter-trend rebound from the 2026 low area, with price pressing back into the lower portion of the yearly NTZ while still trading below the clustered shorter moving averages. The short-term structure has turned up off a pivot low, matching the bullish WSFG reading and the recent long signals, but the broader monthly grid remains negative, keeping the intermediate-term tone soft and recovery-focused rather than a confirmed trend reversal. The yearly grid is still constructive because price is back above the annual F0% zone, and the pivot map shows the market working from a low pivot toward a new high pivot objective. Overall, the chart reflects a large-volatility swing phase: a strong selloff from 2024-2025 has given way to a rounded basing/recovery attempt, with price now testing resistance created by the down-sloping benchmark averages and prior swing highs.
Chart Analysis ATS AI Generated: 2026-06-12 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.