ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Nov-04 07:13 CT

Price Action

• Last: 602.50,
• Bars: Medium,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -4%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

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

YSFG Year 2026

• Long-Term
• YSFG Current: 21%
• 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 591.00,
• 4. Pvt. Next: Pvt high 618.50,
• 5. Levels R: 1130.00, 1065.75, 1064.25, 1031.25, 868.00,
• 6. Levels S: 591.00, 590.75, 539.25, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 602.50 Down Trend,
• (Short-Term) 10 Day: 611.75 Down Trend,
• (Intermediate-Term) 20 Day: 641.00 Down Trend,
• (Intermediate-Term) 55 Day: 665.50 Down Trend,
• (Long-Term) 100 Day: 674.00 Down Trend,
• (Long-Term) 200 Day: 648.00 Neutral Trend.

Additional Metrics

• ATR: 12,
• 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: Neutral.

Key Insights Summary

Price remains in a pronounced daily downswing from the September 795.00 pivot high, with lower highs and lower lows intact and price positioned below the weekly and monthly F0% zones. The latest rebound from the 590.75-591.00 support cluster is a modest countertrend bounce within a broader bearish structure; 618.50 is the next pivot-reversal threshold, while the 5-day and 10-day averages remain declining. Intermediate momentum remains weak below the falling 20-day and 55-day benchmarks. The yearly Fib grid remains positive, creating a longer-term divergence between the annual upward context and the current multi-month retracement.