ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Nov-12 15:18 CT

Price Action

• Last: 582.25,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: -26%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: -18%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: 13%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: Neutral,
• 3. Pvt. Evolve: Pvt low 582.25,
• 4. Pvt. Next: Pvt high 610.75,
• 5. Levels R: 1086.50, 1067.25, 1065.75, 1011.25, 891.00,
• 6. Levels S: 582.25, 539.75, 534.25.

Daily Benchmarks

• (Short-Term) 5 Day: 594.25 Up Trend,
• (Short-Term) 10 Day: 598.25 Up Trend,
• (Intermediate-Term) 20 Day: 615.75 Down Trend,
• (Intermediate-Term) 55 Day: 651.75 Down Trend,
• (Long-Term) 100 Day: 672.75 Down Trend,
• (Long-Term) 200 Day: 649.25 Down Trend.

Additional Metrics

• ATR: 56,
• VOLMA: 95668.

Recent Trade Signals

• 12 Nov 2026: Short ZW 12-26 @ 588.25 Signals.USAR-MSFG
• 12 Nov 2026: Long ZW 12-26 @ 597 Signals.USAR-WSFG
• 11 Nov 2026: Long ZW 12-26 @ 602.25 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

From a futures swing trader’s perspective, the dominant structure remains a sustained decline from September’s 795.00 high, with repeated lower highs and a developing pivot low at 582.25. The latest large bearish candle reverses the recent bounce and leaves price below every benchmark average and the weekly and monthly neutral zones. Short-term signals are divided between upward 5-day and 10-day benchmark readings and recent long signals versus the declining weekly grid and bearish pivot trend, producing a neutral aggregate rating with weak current price action. Intermediate-term evidence is predominantly bearish, including the monthly short signal and declining 20-day and 55-day benchmarks; the pivot summary nevertheless classifies the broader HiLo structure as neutral. The positive yearly grid contrasts with bearish long-term benchmarks. The evolving 582.25 low is the nearest listed support, while 610.75 is the next opposite-pivot threshold, not an established reversal. Recent buying signals therefore describe a countertrend bounce rather than a confirmed trend change. News catalysts and seasonal effects cannot be established from this chart alone.