ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-04 18:11 CT

Price Action

• Last: 678.00,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -44%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 10%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 55%
• 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 705.25,
• 5. Levels R: 1011.00, 891.00, 795.00,
• 6. Levels S: 670.75, 643.50, 590.75, 555.00, 539.75.

Daily Benchmarks

• (Short-Term) 5 Day: 688.75 Up Trend,
• (Short-Term) 10 Day: 701.00 Down Trend,
• (Intermediate-Term) 20 Day: 717.75 Down Trend,
• (Intermediate-Term) 55 Day: 700.25 Down Trend,
• (Long-Term) 100 Day: 675.00 Up Trend,
• (Long-Term) 200 Day: 636.25 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Overall Rating

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

Key Insights Summary

Price has retraced sharply from the 795.00 pivot high and remains beneath the 5-, 10-, 20-, and 55-day benchmark cluster, maintaining a short-term corrective structure. The 670.75 pivot low is the immediate swing reference after a small-bar stabilization near the 100-day average at 675.00. Weekly grid positioning remains below F0%, while the monthly and yearly grids remain above F0%, showing short-term weakness within a still constructive longer-duration structure. Intermediate conditions are mixed: the HiLo pivot trend remains up, but the declining 20- and 55-day averages reflect a countertrend pullback. Long-term structure remains positive with price above rising 100- and 200-day benchmarks.