ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-May-21 07:10 CT
Price Action
- Last: 663.00,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: 17%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 18%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: 52%
- 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 636.50,
- 5. Levels R: 1165.50, 1042.50, 1041.00, 986.50, 868.25,
- 6. Levels S: 631.50, 605.25, 575.75, 572.25, 530.25.
Daily Benchmarks
- (Short-Term) 5 Day: 657.25 Up Trend,
- (Short-Term) 10 Day: 650.50 Up Trend,
- (Intermediate-Term) 20 Day: 642.75 Up Trend,
- (Intermediate-Term) 55 Day: 617.50 Up Trend,
- (Long-Term) 100 Day: 583.75 Up Trend,
- (Long-Term) 200 Day: 563.50 Up Trend.
Additional Metrics
- ATR: 84.00,
- VOLMA: 77996.
Recent Trade Signals
- 21 May 2026: Short ZW 07-26 @ 652.5 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
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
Wheat remains in a constructive upside swing structure with price holding well above the 5, 10, 20, 55, 100, and 200 day benchmarks, keeping the trend stack aligned higher across all timeframes. The weekly, monthly, and yearly fib grids all show price above the F0%/NTZ midpoint, reinforcing a bullish bias. Swing pivots are still in UTrend, with the latest structure showing a strong advance toward the upper pivot zone after a sharp rally and retracement sequence. Momentum is fast and bar expansion is large, which fits a trend-extension phase rather than a quiet consolidation. Recent signals show alternating long and short triggers, but the broader tape continues to resolve upward with higher highs and higher lows, while overhead reference levels remain well above current trade.
Chart Analysis ATS AI Generated: 2026-05-21 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.