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

Price Action

Last: 673.50,
Bars: Small,
Mom: Slow.

WSFG Weekly

Short-Term
WSFG Current: -5%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

Intermediate-Term
MSFG Current: -3%
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: DTrend,
3. Pvt. Evolve: Pvt low 661.50,
4. Pvt. Next: Pvt high 695.50,
5. Levels R: 1011.25, 891.00, 795.00, 708.50,
6. Levels S: 681.50, 643.50, 590.75, 559.00, 539.75.

Daily Benchmarks

(Short-Term) 5 Day: 676.50 Down Trend,
(Short-Term) 10 Day: 682.00 Down Trend,
(Intermediate-Term) 20 Day: 696.75 Down Trend,
(Intermediate-Term) 55 Day: 695.75 Down Trend,
(Long-Term) 100 Day: 675.00 Down Trend,
(Long-Term) 200 Day: 641.75 Up Trend.

Additional Metrics

ATR: 9.00,
VOLMA: 77996.

Recent Trade Signals

14 Oct 2026: Short ZW 12-26 @ 666 Signals.USAR-WSFG
06 Oct 2026: Long ZW 12-26 @ 694.5 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Price is consolidating in small daily bars near 673.50 after the sharp September decline, with slow momentum and a developing pivot low at 661.50. Short- and intermediate-term structure remains bearish: both pivot trend measures are down, price is below the weekly and monthly F0% areas, and it remains below the 5-, 10-, 20-, 55-, and 100-day benchmarks. The 695.50 pivot-next level and clustered 20-/55-day averages near 696 represent the principal overhead recovery zone, while 661.50 is the immediate swing-low reference. The larger yearly structure remains constructive because price is above the rising 200-day average and the yearly fib grid remains positive, framing the current action as an intermediate corrective decline within a longer-term upward structure.