ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-04 07:12 CT
Price Action
- Last: 638.00,
- Bars: Medium,
- Mom: Average.
WSFG Weekly
- Short-Term
- WSFG Current: 11%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month Aug
- Intermediate-Term
- MSFG Current: 7%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 45%
- 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 681.00,
- 5. Levels R: 1044.00, 994.50, 874.25, 731.25, 710.25,
- 6. Levels S: 632.00, 574.00, 538.25, 523.00, 517.00.
Daily Benchmarks
- (Short-Term) 5 Day: 655.5 Up Trend,
- (Short-Term) 10 Day: 669.1 Down Trend,
- (Intermediate-Term) 20 Day: 658.3 Down Trend,
- (Intermediate-Term) 55 Day: 636.75 Up Trend,
- (Long-Term) 100 Day: 627.5 Up Trend,
- (Long-Term) 200 Day: 590.5 Up Trend.
Additional Metrics
- ATR: 47.50,
- VOLMA: 77996.
Recent Trade Signals
- 04 Aug 2026: Long ZW 09-26 @ 656 Signals.USAR.TR120
- 03 Aug 2026: Long ZW 09-26 @ 652.75 Signals.USAR-MSFG
- 31 Jul 2026: Short ZW 09-26 @ 635.5 Signals.USAR.TR720
- 27 Jul 2026: Short ZW 09-26 @ 675 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Price has retraced sharply from the 710.25 pivot high and is attempting a rebound from the 632.00 pivot-low area. The short-term pivot remains in DTrend while price is below the declining 5-, 10-, and 20-day benchmarks, showing that the immediate recovery remains counter to the recent downswing. Intermediate and long-term structure remains constructive: the HiLo trend, monthly and yearly Fib-grid trends, and 55-, 100-, and 200-day benchmarks remain upward. The 632.00 level is the nearby structural support, while 655.5 to 669.1 forms the first moving-average resistance zone, followed by the 681.00 pivot-reversal threshold and 710.25 major resistance. ATR remains elevated, reflecting a volatile post-spike consolidation rather than a low-range trend environment.
Chart Analysis ATS AI Generated: 2026-08-04 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.