ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-05 07:13 CT

Price Action

• Last: 638.00,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 10%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 6%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 44%
• 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, 517.50.

Daily Benchmarks

• (Short-Term) 5 Day: 650.50 Up Trend,
• (Short-Term) 10 Day: 645.50 Down Trend,
• (Intermediate-Term) 20 Day: 659.00 Down Trend,
• (Intermediate-Term) 55 Day: 636.75 Up Trend,
• (Long-Term) 100 Day: 627.75 Up Trend,
• (Long-Term) 200 Day: 591.00 Up Trend.

Additional Metrics

• ATR: 74.50,
• 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

Overall Rating

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

Key Insights Summary

Price has completed a fast retracement from the 710.25 swing-high area into the 632.00 developing pivot-low zone, shifting the short-term pivot structure to DTrend. The decline has moved beneath the 5-day, 10-day, and 20-day benchmarks, while the rising 55-day average near 636.75 is being actively tested. Weekly and monthly Fib-grid positioning remains above F0% with upward grid trends, and the intermediate HiLo structure remains UTrend. Longer-term structure is supported by price above the rising 100-day and 200-day averages; 632.00 is the immediate structural support, while 681.00 and 710.25 define the nearby rebound and prior-high resistance sequence.