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

Price Action

• Last: 635.50,
• Bars: Large,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 731.25,
• 4. Pvt. Next: Pvt low 628.75,
• 5. Levels R: 1582.75, 1219.25, 994.50, 874.25, 731.25,
• 6. Levels S: 574.00, 517.50.

Weekly Benchmarks

• (Short-Term) 5 Day: 648.00 Up Trend,
• (Short-Term) 10 Day: 624.25 Up Trend,
• (Intermediate-Term) 20 Day: 612.00 Up Trend,
• (Intermediate-Term) 55 Day: 608.25 Up Trend,
• (Long-Term) 100 Day: 610.75 Up Trend,
• (Long-Term) 200 Day: 728.75 Down Trend.

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: Neutral,
• Intermediate-Term: Bullish,
• Long-Term: Neutral.

Key Insights Summary

Price has produced a high-volatility rebound from the 517.50 yearly support area, establishing a short-term UTrend and recovering above the 10, 20, 55, and 100 week benchmarks. The recent 731.25 pivot high was rejected sharply, leaving 628.75 as the immediate pivot-reversal level and 731.25 as nearby resistance. The intermediate HiLo structure remains in DTrend and the 200 week benchmark remains declining well overhead at 728.75, so the recovery is occurring within a broader long-term repair phase rather than a fully confirmed major-trend reversal. Weekly and monthly Fib-grid conditions remain positive above their F0% areas, while the mixed recent signal sequence reflects a fast, choppy retracement following the rally.