ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-May-08 07:09 CT

Price Action

• Last: 613.50,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -70%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month May

• Intermediate-Term
• MSFG Current: -41%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 34%
• 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 605.25,
• 4. Pvt. Next: Pvt High 640.75,
• 5. Levels R: 1211.25, 1165.50, 1042.50, 1041.00, 988.50,
• 6. Levels S: 605.25, 575.75, 572.75, 530.25, 515.00.

Daily Benchmarks

• (Short-Term) 5 Day: 627.25 Down Trend,
• (Short-Term) 10 Day: 633.00 Down Trend,
• (Intermediate-Term) 20 Day: 617.71 Up Trend,
• (Intermediate-Term) 55 Day: 635.50 Down Trend,
• (Long-Term) 100 Day: 571.97 Up Trend,
• (Long-Term) 200 Day: 559.86 Up Trend.

Additional Metrics

• ATR: 68,
• VOLMA: 88483.02.

Recent Trade Signals

• 06 May 2026: Short ZW 07-26 @ 613.75 Signals.USAR.TR720
• 05 May 2026: Short ZW 07-26 @ 626.5 Signals.USAR-MSFG
• 05 May 2026: Short ZW 07-26 @ 626.5 Signals.USAR.TR120
• 05 May 2026: Short ZW 07-26 @ 632.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

The daily chart shows an impulsive selloff from the recent swing high