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

Price Action

Last: 660.00,
Bars: Medium,
Mom: average.

WSFG Weekly

Short-Term
WSFG Current: 48%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Aug

Intermediate-Term
MSFG Current: 37%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 55%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt high 714.25,
4. Pvt. Next: Pvt low 623.75,
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: 666.00 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

13 Aug 2026: Long ZW 09-26 @ 653.75 Signals.USAR-WSFG
12 Aug 2026: Long ZW 09-26 @ 650.5 Signals.USAR-MSFG
12 Aug 2026: Long ZW 09-26 @ 650 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is holding above the weekly, monthly, and yearly F0%/NTZ reference areas while the pivot structure remains in UTrend across both short- and intermediate-term measures. The recent rebound has restored price above the rising 10, 20, 55, and 100-week benchmarks, although the declining 5-week average near 666.00 reflects near-term consolidation beneath the current swing-high threshold at 714.25. The 623.75 pivot-low reversal level and clustered moving-average support around 609.25 to 626.50 define the current pullback structure, while 731.25 is the nearest larger pivot resistance. The broader recovery remains counter to the declining 200-week benchmark at 728.25, leaving the longer-cycle chart in a developing recovery phase rather than a fully confirmed major-trend reversal.