ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Aug-24 07:13 CT

Price Action

• Last: 710.00,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Aug

• Intermediate-Term
• MSFG Current: 78%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 68%
• 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 728.00,
• 4. Pvt. Next: Pvt low 643.50,
• 5. Levels R: 1599.50, 1236.00, 1011.25, 891.00, 748.00,
• 6. Levels S: 590.75, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 679.50 Up Trend,
• (Short-Term) 10 Day: 660.75 Up Trend,
• (Intermediate-Term) 20 Day: 648.25 Up Trend,
• (Intermediate-Term) 55 Day: 631.00 Up Trend,
• (Long-Term) 100 Day: 626.75 Up Trend,
• (Long-Term) 200 Day: 738.50 Down Trend.

Recent Trade Signals

• 24 Aug 2026: Long ZW 12-26 @ 710 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 extended a fast weekly recovery from the 590.75 support area, producing higher swing lows and a renewed UTrend in both the short-term pivot and intermediate HiLo structures. The market is above the rising 5, 10, 20, 55, and 100-week benchmarks, confirming broad upside participation. The 728.00 pivot high is the immediate upside swing reference, with 748.00 the next major resistance level; 643.50 is the opposite-pivot reversal reference. The yearly grid remains positive, although price is still beneath the declining 200-week benchmark at 738.50, placing the current rally near an important longer-cycle overhead trend zone.