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

Price Action

• Last: 632.75,
• Bars: Large,
• 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: 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 Down Trend,
• (Short-Term) 10 Day: 624.25 Up Trend,
• (Intermediate-Term) 20 Day: 624.00 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

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

Key Insights Summary

Price has staged a sharp recovery from the 517.50 yearly support area, producing a short-term UTrend and holding above the rising 10-, 20-, 55-, and 100-week benchmarks. The recent push into 731.25 was rejected, leaving that pivot high as the immediate overhead resistance and creating fast, wide weekly price swings. The intermediate HiLo structure remains a DTrend, reflecting the broader sequence of lower highs despite the current recovery. Price is consolidating above the 2026 F0% area, with 628.75 defining the nearby pivot-reversal threshold and 574.00 the principal lower support. The 200-week average remains downward at 728.75, closely aligned with the 731.25 pivot resistance, preserving a neutral longer-cycle backdrop.