ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Aug-04 07:13 CT

Price Action

• Last: 656,
• Bars: Large,
• Mom: Fast.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 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 Up Trend,
• (Short-Term) 10 Day: 624.25 Up Trend,
• (Intermediate-Term) 20 Day: 612 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

• 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: Neutral.

Key Insights Summary

Price has staged a fast, high-volatility recovery from the 517.50 yearly support area and remains above the rising 5-, 10-, 20-, 55-, and 100-week benchmarks. The short-term pivot structure is up, while 628.75 defines the next pivot-reversal level and 731.25 is the nearest major swing-high resistance. Intermediate structure is improving but remains neutral on the broader HiLo pivot measure. The annual grid is positive, although the declining 200-week average near 728.75 and the 731.25 pivot high form an important longer-cycle overhead resistance zone.