ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Nov-05 07:13 CT

Price Action

• Last: 681.00,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -3%
• 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: 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 591.00,
• 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: 648.5 Down Trend,
• (Short-Term) 10 Day: 690.5 Down Trend,
• (Intermediate-Term) 20 Day: 675.5 Down Trend,
• (Intermediate-Term) 55 Day: 647.5 Down Trend,
• (Long-Term) 100 Day: 626.0 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: Neutral.

Key Insights Summary

Price remains in a sharp short-term downswing following rejection from the 795.00 pivot high, with a fast retracement pressing toward the 591.00/590.75 support cluster. The weekly and monthly Fib grids remain below their F0% areas and retain down trends, while all benchmark averages are declining. The yearly grid remains positive and the intermediate HiLo structure is still classified as an uptrend, defining the current decline as a significant countertrend retracement within the broader yearly recovery structure. A confirmed pivot high above 684.50 would mark a meaningful change in the immediate swing pattern; failure to sustain the 591.00 area leaves 534.25 as the next major structural support.