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

Price Action

• Last: 663,
• Bars: Medium,
• Mom: Momentum fast.

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: UTrend,
• 3. Pvt. Evolve: Pvt high 711.25,
• 4. Pvt. Next: Pvt low 628.75,
• 5. Levels R: 1582.75, 1219.25, 994.50, 874, 731.25,
• 6. Levels S: 574.00, 517.50.

Weekly Benchmarks

• (Short-Term) 5 Day: 663 Up Trend,
• (Short-Term) 10 Day: 635 Up Trend,
• (Intermediate-Term) 20 Day: 628 Up Trend,
• (Intermediate-Term) 55 Day: 611.75 Up Trend,
• (Long-Term) 100 Day: 610 Up Trend,
• (Long-Term) 200 Day: 724 Down Trend.

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 is consolidating near 663 after a fast rebound from the late-July pivot low near 574 and a rejection from the 711.25 pivot high. The short-term and intermediate pivot structures remain upward, while price holds above the 10, 20, 55, and 100-week benchmarks. The 628.75 pivot-reversal level and clustered 20/55/100-week averages form the key near-term structure beneath price; 711.25 and 731.25 define the nearby overhead pivot-resistance zone. The broader recovery is constructive across the session Fib grids, although the declining 200-week average at 724 shows the major historical trend has not fully reversed.