ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-06 07:14 CT

Price Action

• Last: 698.00,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: 43%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 25%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 62%
• 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, 781.00, 731.25,
• 6. Levels S: 670.75, 643.50, 590.75.

Daily Benchmarks

• (Short-Term) 5 Day: 682.75 Up Trend,
• (Short-Term) 10 Day: 695.25 Down Trend,
• (Intermediate-Term) 20 Day: 712.25 Down Trend,
• (Intermediate-Term) 55 Day: 699.25 Down Trend,
• (Long-Term) 100 Day: 675.00 Up Trend,
• (Long-Term) 200 Day: 637.75 Up Trend.

Additional Metrics

• ATR: 74.75,
• VOLMA: 77996.

Recent Trade Signals

• 06 Oct 2026: Long ZW 12-26 @ 694.5 Signals.USAR-MSFG
• 05 Oct 2026: Long ZW 12-26 @ 691.75 Signals.USAR.TR120
• 05 Oct 2026: Long ZW 12-26 @ 687.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

ZW has stabilized following the sharp September decline from the 795.00 pivot high and is rebuilding from the 670.75 swing low. Price is above the weekly and monthly F0% references and remains above the rising 100-day and 200-day benchmarks, preserving the larger bullish structure. Short-term conditions remain mixed: the active pivot trend is down, price is near the declining 55-day average, and 704.75 is the nearby pivot reversal level. The recovery shows a higher-low response from the October monthly grid, while 731.25 remains the first material overhead swing resistance. ATR has contracted from the late-summer expansion, consistent with a slower, more consolidative rebound after the prior high-volatility selloff.