ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Sep-18 07:17 CT

Price Action

• Last: 717.75,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -50%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 72%
• 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, 891.00, 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

• 17 Sep 2026: Short ZW 12-26 @ 717.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price has retraced sharply from the 795.00 pivot high and is trading below the declining 5-week benchmark and below the weekly F0% area, confirming near-term downside pressure. The broader pivot structure remains constructive, with both Pivot Trend and HiLo Trend classified as UTrend and price holding above the rising 10-, 20-, 55-, and 100-week benchmarks. The 700.50 pivot-next level is the immediate structural reference beneath the market, while 795.00 remains the nearest major swing resistance. This is a fast countertrend selloff within a still-positive longer-term recovery structure, while the declining 200-week benchmark and downward monthly grid maintain an unresolved intermediate-term backdrop.