ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Sep-20 18:13 CT

Price Action

• Last: 713.00,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -25%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -62%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 68%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 710.00,
• 4. Pvt. Next: Pvt high 764.00,
• 5. Levels R: 1011.25, 891.00, 795.00,
• 6. Levels S: 710.00, 643.50, 590.75, 555.00, 539.00.

Daily Benchmarks

• (Short-Term) 5 Day: 726.75 Up Trend,
• (Short-Term) 10 Day: 734.00 Down Trend,
• (Intermediate-Term) 20 Day: 738.25 Down Trend,
• (Intermediate-Term) 55 Day: 700.25 Up Trend,
• (Long-Term) 100 Day: 670.00 Up Trend,
• (Long-Term) 200 Day: 629.50 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 18 Sep 2026: Short ZW 12-26 @ 713.75 Signals.USAR.TR120
• 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 is consolidating near the 710.00 pivot-low support after a sharp rejection from the 795.00 swing high. Short-term structure is bearish, with price below the weekly and monthly Fib-grid centers and below the 5-, 10-, and 20-day benchmarks. The intermediate structure remains mixed: the broader pivot sequence and 55-day average remain upward, while the September MSFG and near-term moving averages reflect a corrective pullback. The long-term trend remains constructive above rising 100- and 200-day benchmarks and the annual Fib-grid center. Volatility remains elevated, while recent medium-sized bars indicate a slower, choppier decline following the September spike and reversal.