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

Price Action

• Last: 687.00,
• Bars: Small,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 42%
• 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 770.75,
• 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: 712.00 Down Trend,
• (Short-Term) 10 Day: 704.75 Down Trend,
• (Intermediate-Term) 20 Day: 673.50 Up Trend,
• (Intermediate-Term) 55 Day: 648.75 Up Trend,
• (Long-Term) 100 Day: 627.50 Up Trend,
• (Long-Term) 200 Day: 727.50 Down Trend.

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

Key Insights Summary

Price is holding above the rising 20-, 55-, and 100-week benchmarks and remains above the yearly F0% level, preserving the broader recovery structure from the 534.25 low. Short-term structure remains corrective, however, with a DTrend pivot condition and price below the declining 5- and 10-week benchmarks. The 670.75 pivot low is the immediate structural support, while 704.75 to 712.00 is the nearby benchmark cluster and 795.00 is the major swing resistance. The recent decline from 795.00 has retraced into the rising intermediate-term moving-average zone, producing a bounce attempt within an overall higher-low intermediate trend.