ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-11 18:11 CT

Price Action

Last: 675.00,
Bars: Medium,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -34%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

Intermediate-Term
MSFG Current: -1%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 50%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 661.50,
4. Pvt. Next: Pvt high 690.00,
5. Levels R: 1011.00, 891.00, 795.00, 708.50,
6. Levels S: 681.50, 643.50, 590.75, 559.00, 537.75.

Daily Benchmarks

(Short-Term) 5 Day: 689.75 Down 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: Bearish,
Intermediate-Term: Bearish,
Long-Term: Bullish.

Key Insights Summary

Price action has reversed sharply from the September 795.00 pivot high, producing a lower-high and lower-low sequence beneath the declining 5, 10, 20, and 55-day benchmarks. The October MSFG remains marginally below its F0% level while the weekly grid is materially negative, aligning with the confirmed short- and intermediate-term DTrend readings. The 661.50 pivot low and 670.75 area form the immediate support zone, while 681.50, 690.00, 698.50, 705.00, and 708.50 define a layered overhead resistance area. Long-term structure remains constructive because price is holding near the rising 100-day average and remains above the rising 200-day average, framing the current decline as a pronounced intermediate pullback within the broader annual uptrend.