ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Apr-29 07:10 CT

Price Action

Last: 663.00,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 144%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Apr

Intermediate-Term
MSFG Current: 68%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 54%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt High 663.75,
4. Pvt. Next: Pvt Low 632.75,
5. Levels R: 1211.25, 1165.50, 1042.50, 1041.00, 988.50,
6. Levels S: 575.75, 572.75, 530.25, 515.00, 509.50.

Daily Benchmarks

(Short-Term) 5 Day: 626.25 Up Trend,
(Short-Term) 10 Day: 615.75 Up Trend,
(Intermediate-Term) 20 Day: 607.25 Up Trend,
(Intermediate-Term) 55 Day: 594.50 Up Trend,
(Long-Term) 100 Day: 565.75 Up Trend,
(Long-Term) 200 Day: 558.50 Up Trend.

Additional Metrics

ATR: 51,
VOLMA: 77996.

Recent Trade Signals

28 Apr 2026: Long ZW 07-26 @ 640 Signals.USAR-MSFG
27 Apr 2026: Long ZW 07-26 @ 621.25 Signals.USAR-WSFG
23 Apr 2026: Long ZW 07-26 @ 617.75 Signals.USAR.TR720

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

Wheat remains in a strong trending advance with price pressing to new highs near 663.00, holding well above the weekly, monthly, and yearly session fib grids and maintaining a clear bullish bias across all timeframes. The swing pivot structure is still UTrend, with the latest pivot high confirmed at 663.75 and the next downside pivot mapped lower at 632.75, showing a wide but still orderly trend extension. All benchmark moving averages are stacked in bullish order and rising, reinforcing the strength of the current rally. Momentum is fast and the large daily bar reflects active expansion rather than congestion, while the recent sequence of long signals aligns with the ongoing breakout and continuation pattern.