ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-09 07:13 CT

Price Action

• Last: 683.75,
• Bars: Small,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: 1%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 11%
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 706.50,
• 4. Pvt. Next: Pvt low 672.50,
• 5. Levels R: 1013.00, 891.00, 795.00, 708.50,
• 6. Levels S: 670.75, 643.50, 590.75, 559.00, 539.75.

Daily Benchmarks

• (Short-Term) 5 Day: 689.75 Up Trend,
• (Short-Term) 10 Day: 689.25 Down Trend,
• (Intermediate-Term) 20 Day: 705.00 Down Trend,
• (Intermediate-Term) 55 Day: 698.50 Down Trend,
• (Long-Term) 100 Day: 675.00 Up Trend,
• (Long-Term) 200 Day: 640.00 Up Trend.

Additional Metrics

• ATR: 51,
• 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: Bearish,
• Long-Term: Bullish.

Key Insights Summary

Price is consolidating near the October monthly NTZ after a sharp September rally and subsequent retracement from the 795.00 swing high. The short-term pivot trend remains up, but small daily bars, slow momentum, and price below the 5-, 10-, 20-, and 55-day benchmarks describe a choppy corrective phase rather than impulsive upside continuation. The 706.50 pivot-high area is the nearby overhead reference, while 672.50 and 670.75 define the immediate downside pivot and support zone. Intermediate structure remains in a lower-high correction, although the rising 100-day and 200-day averages, along with the positive yearly grid position, preserve the broader bullish trend context.