ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Sep-21 07:18 CT

Price Action

• Last: 731.25,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 13%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -53%
• 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: 731.25 Down Trend,
• (Short-Term) 10 Day: 705.50 Up Trend,
• (Intermediate-Term) 20 Day: 669.50 Up Trend,
• (Intermediate-Term) 55 Day: 645.50 Up Trend,
• (Long-Term) 100 Day: 627.75 Up Trend,
• (Long-Term) 200 Day: 731.00 Down Trend.

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

Key Insights Summary

Price remains above the weekly and yearly Fib-grid center levels and the broader pivot structure retains higher-low characteristics, while the recent 795.00 pivot high produced a fast retracement toward the 5-week benchmark. The short-term structure is mixed: recent short signals and the declining 5-week average reflect pullback pressure, but the 10-, 20-, 55-, and 100-week benchmarks remain rising beneath price. The monthly grid remains below its F0% level, defining an intermediate countertrend condition within the stronger yearly recovery. The 700.50 pivot threshold is the immediate structural reference below, while 795.00 is the nearest swing-pivot resistance and marks the recent rally peak.