ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-May-19 07:09 CT

Price Action

• Last: 679.50,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 45%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month May

• Intermediate-Term
• MSFG Current: 38%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 57%
• 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 679.50,
• 4. Pvt. Next: Pvt Low 637.00,
• 5. Levels R: 1165.50, 1042.50, 1041.00, 986.50, 886.25,
• 6. Levels S: 631.50, 605.25, 575.75, 572.75, 530.25.

Daily Benchmarks

• (Short-Term) 5 Day: 682.50 Up Trend,
• (Short-Term) 10 Day: 642.25 Up Trend,
• (Intermediate-Term) 20 Day: 636.75 Up Trend,
• (Intermediate-Term) 55 Day: 614.00 Up Trend,
• (Long-Term) 100 Day: 581.00 Up Trend,
• (Long-Term) 200 Day: 582.50 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 18 May 2026: Long ZW 07-26 @ 663 Signals.USAR.TR120
• 18 May 2026: Long ZW 07-26 @ 657.75 Signals.USAR-WSFG
• 15 May 2026: Short ZW 07-26 @ 633.75 Signals.USAR-MSFG
• 12 May 2026: Long ZW 07-26 @ 651.75 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Wheat is in a strong impulsive up-leg with price pressing into fresh highs and holding well above the key benchmark moving averages across all time frames. The swing pivot structure remains in UTrend with higher highs and higher lows intact, while the latest pivot high near 679.50 confirms continued upside rotation. Weekly, monthly, and yearly Session Fib Grid readings all remain above their F0% centers, reinforcing a persistent upside bias. Momentum is fast, volatility is elevated, and volume is active, which fits a trending expansion phase rather than a mean-reverting one. The recent sequence of long signals aligns with the dominant trend, even after the earlier MSFG short, showing the market has reasserted bullish control after mid-cycle consolidation and retracement phases.