ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jun-15 07:10 CT

Price Action

• Last: 574.25,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: -21%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -49%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 20%
• 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 572.25,
• 4. Pvt. Next: Pvt High 685.75,
• 5. Levels R: 1574.75, 1211.25, 986.50, 806.25, 723.25,
• 6. Levels S: 572.25, 509.50.

Weekly Benchmarks

• (Short-Term) 5 Day: 611.5 Down Trend,
• (Short-Term) 10 Day: 611 Down Trend,
• (Intermediate-Term) 20 Day: 600.5 Down Trend,
• (Intermediate-Term) 55 Day: 592 Down Trend,
• (Long-Term) 100 Day: 605 Down Trend,
• (Long-Term) 200 Day: 737.5 Down Trend.

Recent Trade Signals

• 12 Jun 2026: Long ZW 07-26 @ 592.75 Signals.USAR-WSFG
• 09 Jun 2026: Long ZW 07-26 @ 590.5 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Wheat remains in a broad downtrend structure on the weekly chart, with price below the 5, 10, 20, 55, 100, and 200 day benchmarks and sitting under the weekly and monthly F0/NTZ midlines. The short-term swing pivot remains DTrend while the intermediate hi/lo structure still reads UTrend, reflecting a mixed internal swing rhythm inside a larger bearish weekly and monthly backdrop. Price is rebounding off the lower 2026 yearly NTZ band near the 509.50 support zone, but it is still well below the dominant overhead resistance stack at 723.25, 806.25, and 986.50. The yearly grid is the only higher-timeframe element showing positive bias, which keeps the long-term picture from being fully bearish, but the prevailing benchmark alignment and the recent signal placement above 590 confirm a market that is still trading beneath key trend references and remains technically compressed below prior support-to-resistance pivots.