ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Oct-25 18:10 CT

Price Action

• Last: 623.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -92%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -41%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 33%
• 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 632.00,
• 4. Pvt. Next: Pvt high 720.00,
• 5. Levels R: 1599.50, 1236.00, 1011.25, 891.00, 795.00,
• 6. Levels S: 621.00, 590.75, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 686.25 Down Trend,
• (Short-Term) 10 Day: 706.50 Down Trend,
• (Intermediate-Term) 20 Day: 675.00 Down Trend,
• (Intermediate-Term) 55 Day: 650.00 Up Trend,
• (Long-Term) 100 Day: 627.25 Up Trend,
• (Long-Term) 200 Day: 724.00 Down Trend.

Recent Trade Signals

• 20 Oct 2026: Short ZW 12-26 @ 656 Signals.USAR-MSFG
• 20 Oct 2026: Short ZW 12-26 @ 655 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price has sharply retraced from the 795.00 swing-high resistance and is pressing the 621.00 pivot-support area with fast downside momentum. The short-term structure remains bearish, confirmed by the DTrend pivot reading, negative weekly fib-grid position, declining 5-, 10-, and 20-period benchmarks, and recent short signals. The intermediate picture is mixed structurally, retaining an UTrend HiLo reading, but current price action is below the monthly fib-grid center and has shifted lower beneath the 55-period benchmark. The yearly fib-grid remains positive and the 100-period average is rising, defining the broader countertrend recovery context; however, price remains below the declining 200-period benchmark. A sustained hold near 621.00 would preserve the developing pivot-low area, while a break would expose 590.75 and then 534.25; overhead, 650.00 to 675.00 is the first benchmark resistance band, followed by 720.00 and 795.00.