ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jul-21 07:11 CT

Price Action

• Last: 699.00,
• 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 614.75,
• 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: 625.25 Up Trend,
• (Short-Term) 10 Day: 622.25 Up Trend,
• (Intermediate-Term) 20 Day: 621.25 Up Trend,
• (Intermediate-Term) 55 Day: 604.50 Up Trend,
• (Long-Term) 100 Day: 610.75 Up Trend,
• (Long-Term) 200 Day: 734.00 Down Trend.

Overall Rating

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

Key Insights Summary

Weekly wheat has accelerated from the 517.50 yearly support area into a sharp V-style recovery, producing a new 698.25 pivot high and restoring an UTrend in both pivot measures. Price is materially above the rising 5-, 10-, 20-, 55-, and 100-week benchmarks, while the declining 200-week average at 734.00 and pivot resistance at 731.25 define the major overhead technical boundary. The weekly grid remains below its F0% reference despite the strong rebound, indicating the advance is a powerful countertrend-to-recovery phase within a broader longer-cycle structure that is improving through the monthly and yearly grids.