ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Nov-06 07:13 CT

Price Action

• Last: 585.00,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: -43%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -13%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 15%
• 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 585.00,
• 4. Pvt. Next: Pvt high 679.00,
• 5. Levels R: 1683.25, 1236.00, 994.75, 891.00, 795.00,
• 6. Levels S: 585.00, 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 Neutral 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

Price is pressing the developing 585.00 pivot-low area after a sharp rejection from the 795.00 swing-high resistance level. The short-term pivot sequence is down, with price below the weekly and monthly F0% levels and beneath every benchmark average. The annual grid remains positive and above its F0% reference, creating a longer-cycle countertrend backdrop, but the broad moving-average structure and lower-high pattern remain bearish. The 585.00 level is the immediate structural reference, while 679.00 is the next pivot-reversal threshold and 795.00 remains the principal nearby swing resistance.