ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-12 07:13 CT

Price Action

• Last: 673.50,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

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: 795.00, 725.00, 708.50,
• 6. Levels S: 681.50, 643.50, 590.75, 559.00, 537.75.

Daily Benchmarks

• (Short-Term) 5 Day: 687.50 Down Trend,
• (Short-Term) 10 Day: 686.00 Down Trend,
• (Intermediate-Term) 20 Day: 702.25 Down Trend,
• (Intermediate-Term) 55 Day: 697.50 Down Trend,
• (Long-Term) 100 Day: 675.25 Down Trend,
• (Long-Term) 200 Day: 640.50 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 12 Oct 2026: Short ZW 12-26 @ 665 Signals.USAR-WSFG
• 06 Oct 2026: Long ZW 12-26 @ 694.5 Signals.USAR-MSFG
• 05 Oct 2026: Long ZW 12-26 @ 691.75 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price is in a fast downside swing from the September 795.00 pivot high, with lower highs and lower lows confirming bearish short- and intermediate-term pivot structure. The October monthly grid remains below its F0% area, while price is beneath the 5-, 10-, 20-, 55-, and 100-day benchmarks. The 661.50 pivot low and nearby 643.50 support define the current lower-range structure, while 690.00, 702.25, and 708.50 form the first overhead recovery zone. The longer-term structure remains supported by price holding above the rising 200-day benchmark and the positive yearly grid bias, creating a counter-trend relationship between the current selloff and the broader annual uptrend.