ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Sep-07 07:16 CT

Price Action

• Last: 697.50,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -96%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -38%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 76%
• 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 799.00,
• 4. Pvt. Next: Pvt low 700.50,
• 5. Levels R: 1599.50, 1236.00, 1011.25, 899.00, 795.00,
• 6. Levels S: 590.75, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 697.50 Up Trend,
• (Short-Term) 10 Day: 676.25 Up Trend,
• (Intermediate-Term) 20 Day: 657.25 Up Trend,
• (Intermediate-Term) 55 Day: 636.50 Up Trend,
• (Long-Term) 100 Day: 627.50 Up Trend,
• (Long-Term) 200 Day: 738.75 Down Trend.

Recent Trade Signals

• 04 Sep 2026: Short ZW 12-26 @ 749.75 Signals.USAR-MSFG
• 03 Sep 2026: Short ZW 12-26 @ 742.75 Signals.USAR.TR120
• 02 Sep 2026: Short ZW 12-26 @ 775 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price has retraced sharply from the 799.00 pivot high and is pressing the 700.50 next-pivot reversal threshold. Weekly and monthly Fib-grid readings remain below their F0% areas, aligning with the recent short signals and a fast short-term corrective phase. The broader pivot structure and all benchmarks through the 100-period average remain upward, while the declining 200-period average at 738.75 and nearby 795.00 pivot resistance define an unresolved longer-cycle recovery backdrop. The current structure is a pullback within an intermediate higher-low pattern, with 700.50 as the immediate pivot inflection and 590.75 as the principal lower support reference.