ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Oct-01 07:15 CT

Price Action

• Last: 672.75,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: -52%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 7%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 54%
• 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 670.75,
• 4. Pvt. Next: Pvt high 771.75,
• 5. Levels R: 1599.50, 1236.00, 1011.25, 891.00, 795.00,
• 6. Levels S: 670.75, 590.75, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 732.25 Down Trend,
• (Short-Term) 10 Day: 706.00 Down Trend,
• (Intermediate-Term) 20 Day: 672.50 Up Trend,
• (Intermediate-Term) 55 Day: 647.50 Up Trend,
• (Long-Term) 100 Day: 627.75 Up Trend,
• (Long-Term) 200 Day: 728.25 Down Trend.

Overall Rating

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

Key Insights Summary

The weekly chart is in a short-term corrective downswing following rejection from the 795.00 pivot-high resistance area. Price has retreated beneath the declining 5- and 10-week benchmarks and has returned to the active 670.75 pivot-low area, producing a DTrend pivot condition. The larger structure remains constructive: the HiLo pivot trend is UTrend, price remains above the monthly and yearly F0% references, and the 20-, 55-, and 100-week benchmarks are rising. The current pattern is a pullback within an intermediate recovery phase, with 670.75 acting as the immediate structural test; 590.75 and 534.25 are the lower support references. A recovery through 706.00 and 732.25 would improve short-term benchmark alignment, while 771.75 and 795.00 remain the principal upside pivot and resistance levels.