ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-03 07:12 CT

Price Action

• Last: 641.00,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 5%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 43%
• 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 632.00,
• 4. Pvt. Next: Pvt high 680.50,
• 5. Levels R: 1040.00, 994.50, 874.25, 731.25, 710.25,
• 6. Levels S: 632.00, 574.00, 538.25, 523.00, 517.50.

Daily Benchmarks

• (Short-Term) 5 Day: 657.25 Up Trend,
• (Short-Term) 10 Day: 671.75 Down Trend,
• (Intermediate-Term) 20 Day: 656.75 Down Trend,
• (Intermediate-Term) 55 Day: 636.25 Up Trend,
• (Long-Term) 100 Day: 627.25 Up Trend,
• (Long-Term) 200 Day: 590.00 Up Trend.

Additional Metrics

• ATR: 74.50,
• VOLMA: 77996.

Recent Trade Signals

• 31 Jul 2026: Short ZW 09-26 @ 635.5 Signals.USAR.TR720
• 30 Jul 2026: Long ZW 09-26 @ 685.5 Signals.USAR.TR120
• 27 Jul 2026: Short ZW 09-26 @ 675 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price has retraced sharply from the 710.25 pivot high, leaving fast downside momentum and a short-term DTrend below the 5-, 10-, and 20-day benchmarks. The 632.00 pivot-low area and rising 55-day average near 636.25 define the immediate support cluster, while 657.25 through 680.50 forms the nearby recovery and pivot-resistance zone. The intermediate and long-term structure remains constructive: the HiLo pivot trend, monthly and yearly fib-grid trends, and 55-, 100-, and 200-day benchmarks remain upward. This reflects a counter-trend pullback within a broader higher-low advance, with elevated ATR showing a wide daily swing environment.