ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-07 07:12 CT

Price Action

• Last: 635.25,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: 42%
• 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 626.75,
• 4. Pvt. Next: Pvt high 674.75,
• 5. Levels R: 1049.00, 994.50, 874.25, 731.25, 710.25,
• 6. Levels S: 626.75, 574.00, 538.25, 523.00, 517.50.

Daily Benchmarks

• (Short-Term) 5 Day: 640.50 Up Trend,
• (Short-Term) 10 Day: 652.75 Down Trend,
• (Intermediate-Term) 20 Day: 661.75 Down Trend,
• (Intermediate-Term) 55 Day: 636.75 Down Trend,
• (Long-Term) 100 Day: 628.25 Up Trend,
• (Long-Term) 200 Day: 592.25 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 06 Aug 2026: Short ZW 09-26 @ 628 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: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

Price has undergone a fast, high-volatility retracement from the 710.25 swing high and is now consolidating near the August MSFG neutral zone around 630-640. The short-term pivot structure remains in DTrend, with price below the 5-, 10-, 20-, and 55-day benchmark cluster, while 626.75 is the immediate swing-low reference. The intermediate HiLo structure remains UTrend and the long-term backdrop is supported by rising 100- and 200-day averages, producing a short-term countertrend decline within a still constructive longer-duration structure.