ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Nov-03 07:13 CT

Price Action

• Last: 604.75,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -1%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

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: UTrend,
• 3. Pvt. Evolve: Pvt low 593.25,
• 4. Pvt. Next: Pvt high 621.25,
• 5. Levels R: 1089.75, 1067.25, 1065.75, 1039.75, 868.00,
• 6. Levels S: 593.25, 590.75, 589.75, 539.25, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 604.50 Up Trend,
• (Short-Term) 10 Day: 616.00 Down Trend,
• (Intermediate-Term) 20 Day: 649.00 Down Trend,
• (Intermediate-Term) 55 Day: 688.00 Down Trend,
• (Long-Term) 100 Day: 674.00 Down Trend,
• (Long-Term) 200 Day: 647.75 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 02 Nov 2026: Long ZW 12-26 @ 606.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price is consolidating near 604.75 after a steep September-to-October decline, with small bars and slow momentum reflecting a pause rather than a confirmed reversal. The short-term pivot structure remains bearish, although the evolving pivot low at 593.25 and clustered support from 590.75 to 593.25 define the current downside floor. Price remains below the 10-, 20-, 55-, 100-, and 200-day benchmarks, preserving broad bearish alignment. The November monthly grid is neutral near its F0% area, while the annual grid remains positive, creating a longer-cycle upward backdrop against an active daily-chart corrective decline. A recovery through the 621.25 next-pivot threshold would represent a meaningful change in the immediate lower-high sequence.