There are two alphabetical series here. The first series is with the first letters only: STUVW. The second series involves the remaining letters: CD, EF, GH, IJ, KL.
This is an alternating series in alphabetical order. The middle letters follow the order ABCDE. The first and third letters are alphabetical beginning with J. The third letter is repeated as a first letter in each subsequent three-letter segment.
The second and forth letters in the series, L and A, are static. The first and third letters consist of an alphabetical order beginning with the letter E.
The middle letters are static, so concentrate on the first and third letters. The series involves an alphabetical order with a reversal of the letters. The first letters are in alphabetical order: F, G, H, I , J. The second and fourth segments are reversals of the first and third segments. The missing segment begins with a new letter.