ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Sep-24 07:15 CT

Price Action

• Last: 703.00,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -17%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -77%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 65%
• 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, 543.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 731.25 Down Trend,
• (Short-Term) 10 Day: 705.50 Up Trend,
• (Intermediate-Term) 20 Day: 689.50 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

• 23 Sep 2026: Short ZW 12-26 @ 709.25 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 action has reversed sharply from the 795.00 pivot high and is pressing the 700.50 next-pivot threshold with large, fast weekly bars. The weekly and monthly fib grids remain below their F0% areas, defining a short-term countertrend selloff despite the broader yearly grid remaining positive. The short-term structure is weakened by price below the falling 5-week benchmark and recent short signals, while the 20-, 55-, and 100-week benchmarks retain rising trends and support the intermediate-to-longer-term recovery structure. A break below 700.50 would confirm a new short-term pivot low, while 795.00 remains the nearest major swing resistance.