ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Aug-11 07:13 CT

Price Action

• Last: 636.00,
• Bars: Medium,
• Mom: average.

WSFG Weekly

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

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 43%
• 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: 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 @ 651.5 Signals.USAR-WSFG
• 10 Aug 2026: Long ZW 09-26 @ 651.5 Signals.USAR-MSFG
• 04 Aug 2026: Long ZW 09-26 @ 656 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is consolidating near 636 after a sharp recovery from the 2026 yearly low area. The short-term pivot structure remains upward, but price is below the 5-week benchmark and the weekly Fib-grid bias remains down, reflecting a pullback beneath the recent 731.25 swing-high resistance. Intermediate structure is constructive: price holds above the 10-, 20-, 55-, and 100-week benchmarks while monthly and yearly grids remain positive. The broader cycle remains mixed because the 200-week average is declining overhead and 731.25 is the nearest major swing resistance; 628.75 is the immediate pivot reversal reference, followed by 574.00 and 517.50 support.