ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jul-10 07:09 CT

Price Action

• Last: 613.75,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 51%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 28%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 35%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 627.00,
• 4. Pvt. Next: Pvt Low 595.00,
• 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: 612.00 Up Trend,
• (Short-Term) 10 Day: 602.00 Up Trend,
• (Intermediate-Term) 20 Day: 602.00 Up Trend,
• (Intermediate-Term) 55 Day: 611.50 Up Trend,
• (Long-Term) 100 Day: 615.00 Up Trend,
• (Long-Term) 200 Day: 580.00 Up Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 10 Jul 2026: Long ZW 09-26 @ 614.5 Signals.USAR-MSFG
• 07 Jul 2026: Long ZW 09-26 @ 614.75 Signals.USAR.TR720
• 06 Jul 2026: Long ZW 09-26 @ 604.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Wheat is holding a constructive bullish structure on the daily chart, with price above the weekly, monthly, and yearly fib midlines and all benchmark moving averages aligned in an upward stack or rising posture. The swing pivot trend remains UTrend, while the higher-timeframe HiLo structure also stays UTrend, confirming that the recent pullback from the late-June peak has so far behaved like a retracement inside a broader advance rather than a trend break. Price has rebounded off the June swing low area and is working back into the mid-610s after a sharp drop from the 687.50 high, leaving the chart in a recovery-and-retest phase with clear overlap and rotation around prior monthly zones. The larger pattern still shows a series of higher swing highs and higher swing lows across the broader rally, while the current daily action is consolidative-to-firm with strong momentum and elevated daily range.