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

Price Action

• Last: 684.50,
• Bars: Large,
• Mom: Fast.

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 590.60,
• 4. Pvt. Next: Pvt high 684.50,
• 5. Levels R: 1687.25, 1236.00, 994.75, 891.00, 795.00,
• 6. Levels S: 591.00, 590.75, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 648.50 Down Trend,
• (Short-Term) 10 Day: 690.50 Down Trend,
• (Intermediate-Term) 20 Day: 675.50 Down Trend,
• (Intermediate-Term) 55 Day: 647.50 Down Trend,
• (Long-Term) 100 Day: 626.00 Down Trend,
• (Long-Term) 200 Day: 719.75 Down Trend.

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

The weekly structure remains dominated by a sharp decline from the 795.00 swing high into the 590.60 pivot low, producing fast momentum and broad moving-average weakness. Price is below the weekly and monthly Fib-grid centers, while the active short-term pivot remains a DTrend despite the recent rebound from the 590 area. The 590.75-591.00 cluster is the principal nearby support zone, while 684.50 is the immediate pivot-transition level and 795.00 remains the major visible swing resistance. The yearly grid retains an above-F0% upward bias, creating a countertrend long-term backdrop against bearish short- and intermediate-term trend conditions.