ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-16 07:13 CT

Price Action

• Last: 659.25,
• Bars: Small,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -26%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -10%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 46%
• 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 659.25,
• 4. Pvt. Next: Pvt high 692.25,
• 5. Levels R: 1011.25, 891.00, 795.00, 706.50,
• 6. Levels S: 659.25, 643.50, 590.75, 559.00, 539.75.

Daily Benchmarks

• (Short-Term) 5 Day: 671.25 Down Trend,
• (Short-Term) 10 Day: 680.50 Down Trend,
• (Intermediate-Term) 20 Day: 691.00 Down Trend,
• (Intermediate-Term) 55 Day: 694.00 Down Trend,
• (Long-Term) 100 Day: 675.00 Down Trend,
• (Long-Term) 200 Day: 643.00 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 16 Oct 2026: Short ZW 12-26 @ 664.5 Signals.USAR-WSFG
• 15 Oct 2026: Long ZW 12-26 @ 680 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price has extended its October selloff beneath the weekly and monthly F0% areas, with a fresh 659.25 pivot low confirming a fast short-term DTrend. The decline remains below the 5-, 10-, 20-, 55-, and 100-day benchmarks, while the 706.50 pivot resistance marks the most prominent nearby prior swing ceiling. The 643.50 support and rising 200-day benchmark at 643.00 form an important longer-term convergence beneath the market. Despite bearish short- and intermediate-term structure, the yearly grid remains positive and the rising 200-day average preserves an underlying long-term uptrend framework.