ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Aug-21 07:13 CT

Price Action

• Last: 695,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 1%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 53%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 60%
• 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 708.5,
• 4. Pvt. Next: Pvt low 687.75,
• 5. Levels R: 1011.25, 891.00, 748.00, 727.00, 708.75,
• 6. Levels S: 643.50, 590.75, 559.75, 539.75, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 692.25 Up Trend,
• (Short-Term) 10 Day: 676.25 Up Trend,
• (Intermediate-Term) 20 Day: 672.75 Up Trend,
• (Intermediate-Term) 55 Day: 661.00 Up Trend,
• (Long-Term) 100 Day: 649.00 Up Trend,
• (Long-Term) 200 Day: 614.50 Up Trend.

Additional Metrics

• ATR: 74,
• VOLMA: 77996.

Recent Trade Signals

• 21 Aug 2026: Long ZW 12-26 @ 700 Signals.USAR-WSFG
• 19 Aug 2026: Long ZW 12-26 @ 696 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Price has rebounded sharply from the August NTZ/F0% area and is holding above every daily benchmark, confirming broad trend alignment. The short-term pivot structure is up, although the intermediate HiLo pivot reading remains down following the retreat from the 727 high. The 708.75 pivot resistance and 727.00 major resistance frame the current recovery, while 687.75 is the active pivot-reversal level. Elevated ATR and large recent bars reflect an active, volatile recovery phase rather than a low-volatility consolidation.