ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Nov-08 18:11 CT

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -34%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -10%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 17%
• 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 585.00,
• 4. Pvt. Next: Pvt high 614.00,
• 5. Levels R: 1114.50, 1065.75, 1064.25, 1011.50, 891.00,
• 6. Levels S: 585.00, 539.75, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 601.50 Down Trend,
• (Short-Term) 10 Day: 606.25 Down Trend,
• (Intermediate-Term) 20 Day: 631.50 Down Trend,
• (Intermediate-Term) 55 Day: 681.00 Down Trend,
• (Long-Term) 100 Day: 674.25 Down Trend,
• (Long-Term) 200 Day: 648.50 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 06 Nov 2026: Short ZW 12-26 @ 587.25 Signals.USAR-MSFG
• 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

ZW is in a fast downside swing, with price closing at the 585.00 pivot-low area after a sustained sequence of lower highs and lower lows from the September peak. Price remains below every listed benchmark, while both weekly and monthly fib-grid positioning are below F0%, confirming broad downside alignment. The intermediate HiLo trend remains UTrend, but it conflicts with the current DTrend pivot structure and declining moving-average configuration. The 585.00 low is the immediate structural reference, while 614.00 defines the next upside pivot reversal level; the gap between these levels reflects elevated swing volatility and a sharply directional market phase.