ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jul-07 07:11 CT

Price Action

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

WSFG Weekly

• Short-Term
• WSFG Current: 45%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 25%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 34%
• 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 655.50,
• 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: 596.75 Up Trend,
• (Short-Term) 10 Day: 617.25 Down Trend,
• (Intermediate-Term) 20 Day: 615.25 Up Trend,
• (Intermediate-Term) 55 Day: 600.00 Down Trend,
• (Long-Term) 100 Day: 611.00 Down Trend,
• (Long-Term) 200 Day: 738.75 Down Trend.

Recent Trade Signals

• 06 Jul 2026: Long ZW 09-26 @ 606.5 Signals.USAR-MSFG
• 06 Jul 2026: Long ZW 09-26 @ 604.5 Signals.USAR-WSFG
• 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: Bullish,
• Intermediate-Term: Bullish,
• Long-Term: Bearish.

Key Insights Summary

Wheat is still operating inside a broader downtrend, but the weekly structure has shifted into a rebound phase above the session Fib centerlines, with price pressing back into the 600 area after rebounding from the 574 pivot low. Short-term and monthly session grids both read constructive, and the latest trade signals confirm an upside bias across weekly and monthly frameworks. Even so, the larger backdrop remains capped by declining higher-timeframe benchmarks, especially the 100-day and 200-day measures, so the market is showing a recovery swing inside a longer-term bearish trend rather than a full trend reversal.