ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Sep-22 07:18 CT

Price Action

• Last: 724.50,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -60%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 69%
• 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 758.00,
• 5. Levels R: 1011.25, 891.00, 795.00,
• 6. Levels S: 710.00, 643.50, 590.75, 555.00, 539.50.

Daily Benchmarks

• (Short-Term) 5 Day: 725.50 UTrend,
• (Short-Term) 10 Day: 729.25 DTrend,
• (Intermediate-Term) 20 Day: 740.25 UTrend,
• (Intermediate-Term) 55 Day: 701.75 UTrend,
• (Long-Term) 100 Day: 671.75 UTrend,
• (Long-Term) 200 Day: 631.00 UTrend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 21 Sep 2026: Long ZW 12-26 @ 726.5 Signals.USAR-WSFG
• 18 Sep 2026: Short ZW 12-26 @ 713.75 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is consolidating near 724.50 after a sharp rejection from the 795.00 pivot resistance and a subsequent test of 710.00 pivot support. The short-term pivot structure remains in DTrend, with price below the 5-, 10-, and 20-day benchmark area, while the weekly grid remains positive. The broader structure remains constructive: higher-level pivot trend, 55-, 100-, and 200-day benchmarks, and the yearly grid are all upward. September monthly-grid positioning is counter-trend bearish, reflecting the current retracement from the late-August/early-September rally. Volume has softened during the rebound from 710.00, indicating consolidation rather than a renewed high-momentum advance.