ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Aug-12 07:14 CT

Price Action

• Last: 638.00,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: 8%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 15%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 47%
• 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, 517.75.

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

• 12 Aug 2026: Long ZW 09-26 @ 650 Signals.USAR-MSFG
• 12 Aug 2026: Long ZW 09-26 @ 650 Signals.USAR-WSFG
• 12 Aug 2026: Long ZW 09-26 @ 650 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is holding above the 10, 20, 55, and 100-week benchmarks after a sharp recovery from the 2026 low area, establishing a short-term UTrend. The current 638 area remains beneath the 5-week average at 656 and well below pivotal 731.25 resistance, defining a pullback-and-recovery structure rather than a confirmed long-term reversal. Weekly and monthly fib-grid readings are positive, while the yearly grid is above its F0% level; however, the declining 200-week benchmark and DTrend HiLo structure retain a neutral longer-cycle backdrop. The 628.75 next-pivot level is the immediate swing reference, with 574.00 and 517.75 representing lower support, while 731.25 is the nearest major upside pivot resistance.