ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-06 07:13 CT

Price Action

• Last: 641.00,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: 13%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 8%
• 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, 731.00, 710.25,
• 6. Levels S: 632.00, 574.00, 538.25, 523.00, 517.00.

Daily Benchmarks

• (Short-Term) 5 Day: 647.00 Up Trend,
• (Short-Term) 10 Day: 659.25 Down Trend,
• (Intermediate-Term) 20 Day: 661.25 Down Trend,
• (Intermediate-Term) 55 Day: 637.00 Up Trend,
• (Long-Term) 100 Day: 628.25 Up Trend,
• (Long-Term) 200 Day: 591.75 Up Trend.

Additional Metrics

• ATR: 74.50,
• VOLMA: 77996.

Recent Trade Signals

• 06 Aug 2026: Long ZW 09-26 @ 646.75 Signals.USAR-WSFG
• 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 is consolidating near 641.00 following the sharp July rally and rejection from the 710.25 pivot-high resistance area. The short-term pivot structure remains in a DTrend, with price below the 5-, 10-, and 20-day benchmarks, reflecting a slow momentum pullback. Intermediate and longer-term structure remains constructive: the HiLo trend is up, price remains above the rising 55-, 100-, and 200-day averages, and the weekly, monthly, and yearly fib-grid biases remain above F0%. The 632.00 pivot-low area is the nearby structural support, while 681.00 is the next pivot reversal threshold and 710.25 remains the principal visible resistance.