ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Nov-09 07:51 CT

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 16%
• 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 613.50,
• 5. Levels R: 1133.75, 1067.25, 1065.75, 1033.75, 891.00,
• 6. Levels S: 585.00, 539.75, 534.00.

Daily Benchmarks

• (Short-Term) 5 Day: 599.00 Down Trend,
• (Short-Term) 10 Day: 602.75 Down Trend,
• (Intermediate-Term) 20 Day: 627.50 Down Trend,
• (Intermediate-Term) 55 Day: 658.50 Down Trend,
• (Long-Term) 100 Day: 674.00 Down Trend,
• (Long-Term) 200 Day: 648.75 Down Trend.

Additional Metrics

• ATR: 56,
• VOLMA: 95668.

Recent Trade Signals

• 09 Nov 2026: Short ZW 12-26 @ 588.5 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

Price is in a fast, persistent daily selloff, printing lower highs and lower lows from the September peak and trading beneath every listed benchmark average. The short-term pivot structure is bearish, while the active 585.00 pivot low is the immediate structural reference; 613.50 defines the next opposing pivot threshold. Weekly and monthly Fib-grid readings remain below F0% and their NTZ areas, confirming downside cycle alignment. The yearly grid remains positive, creating a long-horizon countertrend backdrop, but the declining 100- and 200-day averages show that the current daily trend remains materially weaker than the broader annual position.