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

Price Action

• Last: 588.50,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 585.00,
• 4. Pvt. Next: Pvt high 671.00,
• 5. Levels R: 1687.25, 1599.50, 994.75, 891.00, 795.00,
• 6. Levels S: 585.00, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 630.25 Down Trend,
• (Short-Term) 10 Day: 671.00 Down Trend,
• (Intermediate-Term) 20 Day: 673.75 Down Trend,
• (Intermediate-Term) 55 Day: 645.50 Down Trend,
• (Long-Term) 100 Day: 625.25 Down Trend,
• (Long-Term) 200 Day: 717.75 Down Trend.

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: Neutral.

Key Insights Summary

Price is pressing the 585.00 swing-low support after a sharp rejection from the 795.00 pivot high, establishing a fast bearish short-term sequence of lower highs and lower lows. The weekly and monthly Fib grids remain below F0%, while price is beneath every benchmark average, confirming broad downside alignment. The 585.00 level is the immediate structural reference; 534.25 is the next major support, while a recovery through 625.25 to 671.00 would represent a meaningful rebound into layered moving-average and pivot resistance. The yearly grid remains positive, creating a longer-term countertrend backdrop within the current weekly and monthly decline.