ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jul-02 07:10 CT
Price Action
- Last: 574.00,
- Bars: Large,
- Mom: fast.
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: UTrend,
- 3. Pvt. Evolve: Pvt Low 574.00,
- 4. Pvt. Next: Pvt High 665.50,
- 5. Levels R: 1582.75, 1219.25, 994.50, 874.25, 731.25,
- 6. Levels S: 574.00, 517.50.
Weekly Benchmarks
- (Short-Term) 5 Day: 600.50 Down Trend,
- (Short-Term) 10 Day: 619.75 Down Trend,
- (Intermediate-Term) 20 Day: 613.50 Down Trend,
- (Intermediate-Term) 55 Day: 600.00 Down Trend,
- (Long-Term) 100 Day: 611.75 Down Trend,
- (Long-Term) 200 Day: 741.00 Down Trend.
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: Neutral,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
Wheat remains in a broader bearish-to-neutral structural downtrend even though the yearly, monthly, and weekly session fib grids are sitting above their F0% lines, reflecting a rebound phase inside a much larger decline. Price is trading around 574, near the lower swing support band and beneath the 5, 10, 20, 55, 100, and 200 week benchmarks, which keeps the dominant technical tone weak despite the recent bounce from the 517.50 area. Swing pivots show the short-term pivot trend still down while the hi/lo sequence has improved to up, a classic mixed transition pattern after a sharp selloff and rebound. Recent signals show a flip from short to multiple long entries over the last few sessions, matching the recovery off support, but the latest price action has pulled back from the 665.50 pivot-high zone and remains below the major overhead resistance cluster at 731.25, 874.25, 994.50, and higher levels.
Chart Analysis ATS AI Generated: 2026-07-02 07:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.