ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jul-21 07:10 CT

Price Action

• Last: 671.00,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -35%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 104%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 57%
• 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 698.25,
• 4. Pvt. Next: Pvt low 660.25,
• 5. Levels R: 1040.00, 994.50, 874.25, 731.00, 704.00,
• 6. Levels S: 574.00, 538.25, 523.00, 517.50.

Daily Benchmarks

• (Short-Term) 5 Day: 670.75 Up Trend,
• (Short-Term) 10 Day: 647.50 Up Trend,
• (Intermediate-Term) 20 Day: 622.50 Up Trend,
• (Intermediate-Term) 55 Day: 623.00 Up Trend,
• (Long-Term) 100 Day: 602.00 Up Trend,
• (Long-Term) 200 Day: 584.00 Up Trend.

Additional Metrics

• ATR: 74.50,
• VOLMA: 77996.

Overall Rating

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

Key Insights Summary

Price has produced a sharp July recovery from the 574.00 pivot low and is holding above every daily benchmark, confirming broad intermediate- and long-term upside alignment. The current short-term structure is more mixed: the weekly fib grid remains below F0% while price is pressing beneath the 698.25 pivot-high reversal threshold and the 704.00 resistance level. Large recent bars and elevated ATR reflect fast momentum and expanding range conditions. A pullback holding above the 660.25 next-pivot level would preserve the current UTrend structure, while a sustained move through the 698.25 to 704.00 resistance zone would extend the recovery leg.