ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-May-14 07:09 CT

Price Action

Last: 678.00,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 139%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: 46%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 59%
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 688.25,
4. Pvt. Next: Pvt Low 650.25,
5. Levels R: 1211.25, 1165.50, 1042.50, 1041.00, 988.50,
6. Levels S: 605.25, 575.75, 572.75, 530.25, 515.00.

Daily Benchmarks

(Short-Term) 5 Day: 644.00 Up Trend,
(Short-Term) 10 Day: 638.00 Up Trend,
(Intermediate-Term) 20 Day: 629.50 Up Trend,
(Intermediate-Term) 55 Day: 609.50 Up Trend,
(Long-Term) 100 Day: 577.00 Up Trend,
(Long-Term) 200 Day: 561.25 Up Trend.

Additional Metrics

ATR: 72,
VOLMA: 89891.31.

Recent Trade Signals

12 May 2026: Long ZW 07-26 @ 651.75 Signals.USAR.TR720
12 May 2026: Long ZW 07-26 @ 651.75 Signals.USAR-MSFG
11 May 2026: Long ZW 07-26 @ 628.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Chicago SRW Wheat is in a strong upside swing structure with price holding well above the 20, 55, 100, and 200 day benchmarks, confirming broad trend alignment across timeframes. The swing pivot sequence remains in a bullish phase with an active UTrend and a recent pivot high at 688.25, while the next pivot reference is a lower swing point at 650.25, showing the market has extended sharply and is digesting gains near the upper end of the recent range. Weekly, monthly, and yearly session fib grids all remain in price-above-bias mode, reinforcing the dominant trend continuation profile. Volume and ATR show active participation and elevated range expansion, consistent with a fast momentum rally and ongoing trend discovery rather than a quiet consolidation.