ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Oct-31 07:11 CT

Price Action

• Last: 603.25,
• Bars: Small,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: -56%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -53%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 22%
• 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 593.25,
• 4. Pvt. Next: Pvt high 622.25,
• 5. Levels R: 1011.00, 891.00, 795.00, 708.25,
• 6. Levels S: 593.25, 590.75, 550.00, 539.25, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 610.25 Down Trend,
• (Short-Term) 10 Day: 626.50 Down Trend,
• (Intermediate-Term) 20 Day: 653.50 Down Trend,
• (Intermediate-Term) 55 Day: 672.75 Down Trend,
• (Long-Term) 100 Day: 674.75 Down Trend,
• (Long-Term) 200 Day: 647.00 Neutral Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

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

Overall Rating

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

Key Insights Summary

Price remains in a broad downswing from the September peak near 795, with lower swing highs and lower swing lows confirmed by both Pivot Trend and HiLo Trend. The late-October decline extended beneath the October MSFG F0% area and all short- and intermediate-term benchmark averages, while the small bars near 593-603 indicate slowing downside momentum and consolidation around pivot support. The 593.25 to 590.75 support band is the immediate structural floor; 622.25 is the next pivot-reversal level, followed by the declining 5-day and 10-day averages. Long-term conditions are mixed because annual grid positioning remains positive while the 100-day average is declining and price is below the 200-day benchmark.