ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-05 07:14 CT

Price Action

• Last: 674.50,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 27%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 20%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 60%
• 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 704.75,
• 5. Levels R: 795.00, 701.25, 691.00,
• 6. Levels S: 670.75, 643.50, 590.75.

Daily Benchmarks

• (Short-Term) 5 Day: 684.00 Down Trend,
• (Short-Term) 10 Day: 688.50 Down Trend,
• (Intermediate-Term) 20 Day: 714.25 Down Trend,
• (Intermediate-Term) 55 Day: 699.75 Down Trend,
• (Long-Term) 100 Day: 675.25 Up Trend,
• (Long-Term) 200 Day: 637.00 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 05 Oct 2026: Long ZW 12-26 @ 691.75 Signals.USAR.TR120
• 05 Oct 2026: Long ZW 12-26 @ 691.75 Signals.USAR-MSFG
• 05 Oct 2026: Long ZW 12-26 @ 687.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price is stabilizing near the 670.75 developing pivot-low area following a sharp retracement from the September 795.00 swing high. The short-term pivot sequence and the 5-, 10-, 20-, and 55-day benchmarks remain downward, while the weekly and monthly fib-grid structure, higher-order pivot trend, and rising 100- and 200-day averages retain a constructive longer-cycle backdrop. The current recovery is a bounce within a broader corrective downswing, with 691.00 to 704.75 defining the nearby overhead transition area and 643.50 the next major structural support beneath the October range.