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

Price Action

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

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 585.00,
• 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

• 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: Bearish.

Key Insights Summary

Weekly wheat has completed a sharp rejection from the 795.00 swing high and returned to the 585.00 pivot-low area, producing fast downside momentum and a short-term DTrend. The weekly grid remains above its F0% line, but the monthly grid is below F0% and all benchmark averages remain in declining alignment. The 585.00 pivot is the immediate structural floor, with 534.25 the next major support; 671.00 is the reversal threshold for the next pivot high and aligns with the clustered 10- and 20-week benchmarks. The broader yearly grid remains positive, while the sustained position beneath the declining long-term averages reflects a counter-trend recovery attempt within a larger bearish technical structure.