ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-17 07:12 CT

Price Action

• Last: 668.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -19%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 40%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 56%
• 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 680.25,
• 4. Pvt. Next: Pvt low 663.50,
• 5. Levels R: 731.25, 710.25, 694.75, 680.00, 674.25,
• 6. Levels S: 626.75, 574.00, 538.25, 523.00, 517.50.

Daily Benchmarks

• (Short-Term) 5 Day: 650.25 Up Trend,
• (Short-Term) 10 Day: 645.50 Up Trend,
• (Intermediate-Term) 20 Day: 658.50 Up Trend,
• (Intermediate-Term) 55 Day: 639.25 Up Trend,
• (Long-Term) 100 Day: 624.75 Up Trend,
• (Long-Term) 200 Day: 595.50 Up Trend.

Additional Metrics

• ATR: 73.75,
• VOLMA: 77996.

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 has produced a sharp August recovery from the 626.75 support area and is now above every daily benchmark, with fast upside momentum and large-range participation. The short-term pivot structure is advancing, although the intermediate HiLo trend remains down following the July-to-August correction. The current rally is testing the 674.25 to 680.00 resistance zone, while 663.50 is the active opposite-pivot reference. The monthly and yearly Fib structures remain constructive, whereas the negative weekly Fib position reflects the countertrend nature of the recent rebound within the broader prior consolidation.