ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Aug-10 07:13 CT

Price Action

Last: 650.00,
Bars: Medium,
Mom: Average.

WSFG Weekly

Short-Term
WSFG Current: 15%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Aug

Intermediate-Term
MSFG Current: 19%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 49%
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 711.25,
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: 656.00 Down Trend,
(Short-Term) 10 Day: 626.50 Up Trend,
(Intermediate-Term) 20 Day: 625.50 Up Trend,
(Intermediate-Term) 55 Day: 609.25 Up Trend,
(Long-Term) 100 Day: 610.25 Up Trend,
(Long-Term) 200 Day: 728.25 Down Trend.

Recent Trade Signals

10 Aug 2026: Long ZW 09-26 @ 653 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

Overall Rating

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

Key Insights Summary

Price is consolidating near 650 following a sharp recovery from the 2026 low area. The short-term pivot structure remains in an uptrend, supported by price holding above the 10-, 20-, 55-, and 100-week benchmarks and by the recent long-direction signal sequence. The 628.75 pivot-low reversal level defines the near-term structural floor, while 711.25 and the larger 731.25 resistance zone define the next overhead swing range. Intermediate structure has improved through higher lows, although the broader HiLo trend remains down and price remains below the declining 200-week benchmark at 728.25. The weekly, monthly, and yearly fib-grid readings are all above their F0%/NTZ reference areas, characterizing the current phase as an upward recovery within a still-important longer-cycle resistance region.