ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Sep-16 07:19 CT

Price Action

• Last: 719.75,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -3%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -45%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 74%
• 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 795.00,
• 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: 726.75 Down Trend,
• (Short-Term) 10 Day: 699.75 Up Trend,
• (Intermediate-Term) 20 Day: 667.00 Up Trend,
• (Intermediate-Term) 55 Day: 643.00 Up Trend,
• (Long-Term) 100 Day: 627.50 Up Trend,
• (Long-Term) 200 Day: 733.00 Down Trend.

Recent Trade Signals

• 15 Sep 2026: Short ZW 12-26 @ 719.75 Signals.USAR-WSFG
• 09 Sep 2026: Short ZW 12-26 @ 730 Signals.USAR.TR720
• 08 Sep 2026: Short ZW 12-26 @ 760.25 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

The weekly chart shows a sharp rejection from the 795.00 pivot high, with large bearish price action returning below the weekly F0% level and the declining 5-week benchmark. Short-term structure is under downside pressure toward the 700.50 pivot-reversal level, while the 699.75 10-week average is a nearby trend reference. Intermediate structure remains conflicted: the pivot and 20/55-week benchmark trends are higher, but price is below the September monthly grid and recent monthly signal direction is short. The yearly grid remains positive above its F0% zone, supported by rising 100-week average structure, although the declining 200-week average at 733.00 is acting as major overhead resistance.