ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-08 07:14 CT

Price Action

• Last: 687.25,
• Bars: Small,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 9%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 13%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 57%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 706.50,
• 4. Pvt. Next: Pvt low 672.50,
• 5. Levels R: 1011.25, 891.00, 795.00, 706.50,
• 6. Levels S: 687.25, 643.50, 590.75, 559.00, 539.75.

Daily Benchmarks

• (Short-Term) 5 Day: 689.75 Up Trend,
• (Short-Term) 10 Day: 691.75 Down Trend,
• (Intermediate-Term) 20 Day: 708.00 Down Trend,
• (Intermediate-Term) 55 Day: 699.00 Down Trend,
• (Long-Term) 100 Day: 675.00 Up Trend,
• (Long-Term) 200 Day: 639.25 Up Trend.

Additional Metrics

• ATR: 73.75,
• 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: Bullish,
• Intermediate-Term: Neutral,
• Long-Term: Bullish.

Key Insights Summary

Price remains above the weekly, monthly, and yearly Fib-grid center references, retaining a broader upside structure despite the retreat from the September 795.00 pivot high. The short-term pivot trend is up and recent price action has formed a rebound from the 670 area, but the intermediate HiLo trend remains down with price beneath the declining 20-day and 55-day averages. The 706.50 pivot high is the immediate overhead structural level, while 672.50 and 643.50 define the principal lower swing references. Long-term structure remains constructive as price holds above rising 100-day and 200-day benchmarks; the current pattern is a volatile corrective consolidation within that larger bullish trend.