ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jun-30 07:10 CT

Price Action

Last: 577.25,
Bars: Medium,
Mom: average.

WSFG Weekly

Short-Term
WSFG Current: -37%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jun

Intermediate-Term
MSFG Current: -51%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 18%
F0%/NTZ' Bias: Price Above,
YSFG Trend: Up.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt Low 577.25,
4. Pvt. Next: Pvt High 609.75,
5. Levels R: 1050.50, 1049.00, 994.50, 874.25, 731.25,
6. Levels S: 577.25, 538.25, 523.00, 517.50.

Daily Benchmarks

(Short-Term) 5 Day: 592.75 Down Trend,
(Short-Term) 10 Day: 600.75 Down Trend,
(Intermediate-Term) 20 Day: 598.75 Down Trend,
(Intermediate-Term) 55 Day: 612.75 Down Trend,
(Long-Term) 100 Day: 611.00 Down Trend,
(Long-Term) 200 Day: 578.00 Up Trend.

Additional Metrics

ATR: 51,
VOLMA: 77996.

Recent Trade Signals

29 Jun 2026: Short ZW 09-26 @ 582.25 Signals.USAR.TR720
23 Jun 2026: Short ZW 09-26 @ 604.75 Signals.USAR-MSFG
22 Jun 2026: Short ZW 09-26 @ 607.5 Signals.USAR.TR120

Overall Rating

Short-Term: Bearish,
Intermediate-Term: Bearish,
Long-Term: Neutral.

Key Insights Summary

Wheat is trading beneath the weekly and monthly session fib grids, with both short-term and intermediate-term structure aligned in a downtrend. The current pivot sequence remains bearish, with the active pivot low at 577.25 and the next opposite pivot high marked at 609.75, while price sits near the lower support band and below the 5, 10, 20, 55, and 100 day benchmarks. The daily trend has rolled over from the June peak, showing a broad retracement from the 680s into the high 570s, and recent sell signals have tracked that decline. The yearly session fib remains above price and still reads constructive on the longer horizon, but the immediate tape is dominated by lower highs, lower lows, and a sustained downside swing structure.