ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Nov-11 07:18 CT

Price Action

• Last: 592.00,
• Bars: Small,
• Mom: slow.

WSFG Weekly

• Short-Term
• WSFG Current: 9%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -8%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 18%
• 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 585.50,
• 4. Pvt. Next: Pvt high 613.50,
• 5. Levels R: 1101.25, 1099.25, 1065.75, 1064.25, 891.00,
• 6. Levels S: 585.00, 539.75, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 594.00 Down Trend,
• (Short-Term) 10 Day: 598.25 Down Trend,
• (Intermediate-Term) 20 Day: 619.50 Down Trend,
• (Intermediate-Term) 55 Day: 653.75 Down Trend,
• (Long-Term) 100 Day: 673.00 Down Trend,
• (Long-Term) 200 Day: 649.00 Down Trend.

Additional Metrics

• ATR: 56,
• VOLMA: 95668.

Recent Trade Signals

• 11 Nov 2026: Long ZW 12-26 @ 602.25 Signals.USAR.TR120
• 10 Nov 2026: Short ZW 12-26 @ 588 Signals.USAR-MSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Neutral.

Key Insights Summary

The market is attempting a small rebound from the 585.00 swing-low area, but price remains beneath every daily benchmark from the 5-day through the 200-day average. The short-term pivot structure remains in a DTrend, with 613.50 defining the next pivot-high reversal threshold. Weekly grid positioning is positive, while the monthly grid and intermediate moving-average structure remain negative, reflecting a countertrend bounce within a broader decline. The 585.00 level is the immediate structural support, while 594.00, 598.25, and 619.50 form nearby moving-average resistance. Volatility has moderated from the September peak, and recent small candles indicate consolidation following the sharp October-November selloff.