ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Oct-26 07:12 CT

Price Action

• Last: 620.50,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -104%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -46%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 31%
• 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 620.50,
• 4. Pvt. Next: Pvt high 717.50,
• 5. Levels R: 1590.50, 1236.00, 1011.25, 891.00, 795.00,
• 6. Levels S: 620.50, 590.75, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 688 Down Trend,
• (Short-Term) 10 Day: 700 Down Trend,
• (Intermediate-Term) 20 Day: 676 Down Trend,
• (Intermediate-Term) 55 Day: 649 Down Trend,
• (Long-Term) 100 Day: 626.75 Down Trend,
• (Long-Term) 200 Day: 722 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: Bearish.

Key Insights Summary

Price is pressing the 620.50 swing-low pivot after a sharp rejection from the 795.00 pivot high, maintaining a sequence of lower highs and accelerating downside momentum. Weekly and monthly Fib-grid conditions remain below their F0% areas, while price is also beneath every displayed benchmark average. The yearly Fib-grid position remains positive, but its upward structure is countered by declining long-term averages and a broad multi-year downtrend. The 590.75 and 534.25 supports define the lower structural reference area, while 649.00 through 717.50 forms the principal overhead rebound and pivot-reversal zone.