ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-19 07:13 CT

Price Action

• Last: 666.0,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 10%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 57%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 62%
• 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 681.75,
• 4. Pvt. Next: Pvt low 639.75,
• 5. Levels R: 994.25, 874.25, 731.25, 710.25, 681.75,
• 6. Levels S: 626.75, 574.00, 538.25, 523.00, 517.00.

Daily Benchmarks

• (Short-Term) 5 Day: 664 Up Trend,
• (Short-Term) 10 Day: 650.25 Up Trend,
• (Intermediate-Term) 20 Day: 658 Up Trend,
• (Intermediate-Term) 55 Day: 641.25 Up Trend,
• (Long-Term) 100 Day: 631.5 Up Trend,
• (Long-Term) 200 Day: 596.5 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 18 Aug 2026: Short ZW 09-26 @ 666.5 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 remains above the weekly, monthly, and yearly F0% zones and above all six rising daily benchmarks, preserving a broad bullish structure. The short-term pivot remains in an uptrend, although the intermediate HiLo pivot structure remains a downtrend following the July peak and subsequent August retracement. The market has rebounded from the 626.75 support area and is consolidating beneath the 681.75 pivot-high resistance after a sharp recovery. Medium-sized bars, average momentum, and elevated recent range activity indicate a two-sided swing environment, with 639.75 as the defined pivot reversal level and 681.75 as the nearby structural ceiling.