ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Aug-07 07:12 CT
Price Action
- Last: 628.00,
- 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: 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 Up 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
- 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: Neutral,
- Intermediate-Term: Neutral,
- Long-Term: Neutral.
Key Insights Summary
ZW has produced a large weekly reversal from the 731.25 pivot-high resistance area back toward 628, reflecting fast downside momentum and a short-term breakdown from the recent rally. The short-term pivot trend remains UTrend, but the intermediate HiLo structure remains DTrend, leaving price in a countertrend recovery within a broader multi-year decline. Price is clustered around the rising 10-, 20-, 55-, and 100-week benchmarks, while remaining well below the falling 200-week benchmark near 728.75. The 628.75 next-pivot threshold is the immediate structural inflection level; 574.00 and 517.50 define lower established support, while 731.25 remains the nearest major resistance. The yearly grid retains an upward bias above its 2026 F0% area, but weekly and monthly grid conditions are neutral and the recent signal sequence is mixed.
Chart Analysis ATS AI Generated: 2026-08-07 07:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.