ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jul-02 07:10 CT

Price Action

• Last: 605.00,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: 33%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 6%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 29%
• 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 High 608.25,
• 4. Pvt. Next: Pvt Low 575.25,
• 5. Levels R: 1049.00, 994.50, 874.25, 731.25, 704.00,
• 6. Levels S: 574.00, 538.25, 523.00, 517.50.

Daily Benchmarks

• (Short-Term) 5 Day: 592.0 Down Trend,
• (Short-Term) 10 Day: 599.5 Down Trend,
• (Intermediate-Term) 20 Day: 597.0 Down Trend,
• (Intermediate-Term) 55 Day: 611.5 Down Trend,
• (Long-Term) 100 Day: 612.0 Down Trend,
• (Long-Term) 200 Day: 578.5 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 02 Jul 2026: Long ZW 09-26 @ 600.25 Signals.USAR-WSFG
• 01 Jul 2026: Long ZW 09-26 @ 607 Signals.USAR-MSFG
• 01 Jul 2026: Long ZW 09-26 @ 593.5 Signals.USAR.TR120
• 29 Jun 2026: Short ZW 09-26 @ 582.25 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Chicago SRW Wheat is trading in a mixed swing structure: the weekly, monthly, and yearly fib grids remain above F0% with an up bias, while the daily swing pivot state is still in a short-term downtrend after a failed push from the recent 608.25 pivot high. Price is working back up from the 575.25 pivot-low area and remains above the major 200-day benchmark, but it is still below the 20, 55, and 100-day averages, which keeps the intermediate daily structure soft. The tape looks like a two-way corrective phase with sharp thrusts, retracements, and pivot-to-pivot rotation rather than a clean trend day regime. Recent signals show a short-term long bias from WSFG and MSFG model triggers, but the daily benchmark stack and pivot trend still reflect a choppy transition zone with price trying to stabilize after the June selloff and rebound sequence.