ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Oct-13 07:15 CT

Price Action

Last: 661.50,
Bars: Medium,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -2%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

Intermediate-Term
MSFG Current: -2%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 49%
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 661.50,
4. Pvt. Next: Pvt high 761.00,
5. Levels R: 1599.50, 1236.00, 1011.25, 891.00, 795.00,
6. Levels S: 661.50, 590.75, 534.25.

Weekly Benchmarks

(Short-Term) 5 Day: 699.25 Down Trend,
(Short-Term) 10 Day: 706.25 Down Trend,
(Intermediate-Term) 20 Day: 673.50 Down Trend,
(Intermediate-Term) 55 Day: 649.50 Up Trend,
(Long-Term) 100 Day: 627.25 Up Trend,
(Long-Term) 200 Day: 728.00 Down Trend.

Recent Trade Signals

13 Oct 2026: Short ZW 12-26 @ 666.25 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: Neutral,
Long-Term: Bullish.

Key Insights Summary

ZW has reversed sharply from the 795.00 swing-high resistance area and is now testing the active 661.50 pivot-low support. Fast downside momentum, price below the weekly and monthly F0% levels, a DTrend pivot condition, and positioning beneath the 5, 10, and 20-period benchmarks define the short-term bearish swing structure. The intermediate picture is mixed: the monthly grid is down, while the HiLo trend remains up and price remains above the rising 55 and 100-period benchmarks. The yearly grid retains an upward bias, although the declining 200-period benchmark near 728.00 remains a major overhead trend reference. A sustained break below 661.50 would expose 590.75 and 534.25 support, while 795.00 is the nearest major pivot resistance above the current decline.