ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jun-16 07:09 CT

Price Action

• Last: 571.00,
• Bars: Medium,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: 38%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: -23%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 29%
• 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 571.00,
• 4. Pvt. Next: Pvt High 651.00,
• 5. Levels R: 1574.75, 1211.25, 988.50, 886.25, 723.25,
• 6. Levels S: 571.00, 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

The weekly wheat chart is still operating in a broad downtrend structure, with price holding near the lower yearly session fib zone and pressing just above the 2026 support shelf at 571.00. Short-term session fib alignment is constructive, but the pivot trend remains DTrend and the benchmark stack is still broadly bearish, with price under the 5, 10, 20, 55, 100, and 200 week moving averages. Intermediate-term behavior remains weaker because the monthly fib grid is below its midpoint and biased down. Long-term, the yearly fib grid is still above the midpoint and has an upward bias, but the market is trading well below the major moving average structure, so the larger trend profile is mixed rather than fully bullish. Recent long signals show responsive buying interest into the lower range, while the pivot map suggests a potential transition only if price can sustain above the near-term reversal band and rebuild higher lows.