ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jul-15 07:09 CT

Price Action

• Last: 669.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 44%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 95%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 54%
• 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 689.00,
• 4. Pvt. Next: Pvt Low 658.00,
• 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: 607.25 Up Trend,
• (Short-Term) 10 Day: 616.75 Up Trend,
• (Intermediate-Term) 20 Day: 617.50 Up Trend,
• (Intermediate-Term) 55 Day: 601.50 Up Trend,
• (Long-Term) 100 Day: 610.50 Up Trend,
• (Long-Term) 200 Day: 738.25 Down Trend.

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: Neutral.

Key Insights Summary

Wheat remains in a broad multi-year decline from the 2022 peak, but the 2026 structure has turned constructive with price recovering from the 517.50 yearly support zone and pressing into the mid-600s. The weekly, monthly, and yearly session fib grids are all holding price above their F0%/NTZ bands, which keeps the trend alignment positive across short, intermediate, and long horizons. Swing pivot structure is also supportive, with both the pivot trend and hi/lo trend in UTrend and the next pivot reference pointing to a lower swing low near 658.00 after the recent high around 689.00. Benchmarks are stacked favorably through the 100-day area, while the 200-day remains overhead and still declining, reflecting a market that has improved sharply but has not fully reversed the larger secular downtrend. Recent long signals confirm the current recovery phase and the chart is behaving like a bullish rally inside a larger recovery/consolidation structure, with higher lows and a strong rebound from the spring 2026 base.