ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jul-13 07:09 CT

Price Action

• Last: 643.0,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -19%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 58%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 43%
• 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 653.00,
• 4. Pvt. Next: Pvt Low 619.50,
• 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: 620.0 Up Trend,
• (Short-Term) 10 Day: 606.0 Up Trend,
• (Intermediate-Term) 20 Day: 604.25 Up Trend,
• (Intermediate-Term) 55 Day: 612.5 Up Trend,
• (Long-Term) 100 Day: 615.75 Up Trend,
• (Long-Term) 200 Day: 580.5 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

July opened with a sharp upside expansion that carried price back above the rising benchmark averages and into the upper part of the monthly structure. The daily tape shows a strong rebound from the late-June swing low near 574, followed by a fast rally that has retraced much of the prior selloff and pushed back toward the 653 pivot high area. Short-term structure is constructive with the swing pivot trend in UTrend and higher lows developing off the June base. The weekly fib grid remains below price, keeping the short-term weekly backdrop down, but the monthly and yearly grids are both above F0% and aligned upward, which keeps the broader swing backdrop positive. Momentum is strong, volatility remains elevated, and the chart is transitioning from a corrective phase into a recovery rally with resistance still overhead from prior swing highs and layered pivot levels.