ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-28 07:14 CT

Price Action

• Last: 607.50,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -25%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -55%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 27%
• 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 607.50,
• 4. Pvt. Next: Pvt high 636.50,
• 5. Levels R: 811.25, 791.00, 708.25,
• 6. Levels S: 607.50, 590.75, 555.00, 539.25, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 620.75 Down Trend,
• (Short-Term) 10 Day: 640.75 Down Trend,
• (Intermediate-Term) 20 Day: 661.25 Down Trend,
• (Intermediate-Term) 55 Day: 678.25 Down Trend,
• (Long-Term) 100 Day: 674.75 Down Trend,
• (Long-Term) 200 Day: 646.50 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 27 Oct 2026: Short ZW 12-26 @ 612 Signals.USAR-WSFG
• 20 Oct 2026: Short ZW 12-26 @ 656 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Price is in a fast downside leg, printing lower highs and lower lows while trading beneath every listed benchmark. The 607.50 pivot low is the immediate swing reference, with 590.75 the next major support beneath it; the 636.50 pivot-next level marks the nearest reversal threshold. Weekly and monthly grids remain below their F0% zones, confirming short- and intermediate-term downside pressure. The yearly grid remains positive, creating a longer-term structural contrast, but the current daily trend remains decisively below the 100- and 200-day benchmarks.