ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jul-14 07:09 CT

Price Action

Last: 630.00,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -38%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Jul

Intermediate-Term
MSFG Current: 46%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 40%
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 619.00,
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: 624.25 Up Trend,
(Short-Term) 10 Day: 610.50 Up Trend,
(Intermediate-Term) 20 Day: 606.25 Up Trend,
(Intermediate-Term) 55 Day: 613.50 Up Trend,
(Long-Term) 100 Day: 580.75 Up Trend,
(Long-Term) 200 Day: 539.00 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

Overall Rating

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

Key Insights Summary

Wheat remains in a constructive larger uptrend, with price trading well above the 20, 55, 100, and 200 day benchmarks and the monthly and yearly session fib grids both holding above their F0% centers. Short-term structure is still active on the upside, but the weekly session fib grid is in a down phase, showing that the current advance is working through a countertrend weekly backdrop rather than a clean weekly expansion. The pivot structure has rolled back to a fresh higher pivot high at 653.00, with the next pivot objective centered on 619.00, while the broader resistance map sits far overhead. Recent sessions show a sharp rally off the late-June/early-July low area near 574.00, followed by a strong recovery that has returned price toward the prior breakout zone around 630.