ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jun-18 07:09 CT

Price Action

Last: 618.25,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: 101%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month Jun

Intermediate-Term
MSFG Current: 5%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 38%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt High 618.25,
4. Pvt. Next: Pvt Low 589.25,
5. Levels R: 1042.50, 1041.00, 986.50, 866.25, 723.25,
6. Levels S: 571.00, 530.25, 515.00, 509.50.

Daily Benchmarks

(Short-Term) 5 Day: 594.00 Up Trend,
(Short-Term) 10 Day: 588.75 Up Trend,
(Intermediate-Term) 20 Day: 606.75 Up Trend,
(Intermediate-Term) 55 Day: 609.25 Up Trend,
(Long-Term) 100 Day: 599.50 Up Trend,
(Long-Term) 200 Day: 588.50 Up Trend.

Additional Metrics

ATR: 51,
VOLMA: 77996.

Recent Trade Signals

17 Jun 2026: Long ZW 07-26 @ 611 Signals.USAR.TR720
12 Jun 2026: Long ZW 07-26 @ 592.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Wheat is showing a strong rebound from the June low near 571, with a sharp recovery back into the June Monthly Session Fib Grid and a retest of the prior swing high area around 618.25. Short-term pivot structure remains upward, while the intermediate HiLo trend is still working through a DTrend phase, reflecting the larger swing pullback-and-recovery sequence that followed the May highs. Price is trading above the key benchmark moving averages, and the weekly, monthly, and yearly session fib grids all remain in positive territory above their F0%/NTZ bias, which keeps the broader swing structure constructive. The chart reflects a volatile but orderly trend cycle with prior M/W-like swings, deep retracements, and a current recovery leg that has returned price toward resistance rather than into distribution.