ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jul-22 07:11 CT

Price Action

• Last: 698.25,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 140%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 67%
• 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

Price action has produced a fast, large-range recovery from the 574.00 support area and has reached 698.25, confirming an advancing short-term pivot sequence. Price is above the rising 5, 10, 20, 55, and 100-week benchmarks, while the weekly, monthly, and yearly Fib-grid readings remain above their F0% levels. The 731.25 pivot resistance is the nearest overhead structural level, with 614.75 defining the opposite-pivot threshold. The broader recovery remains below the declining 200-week benchmark at 734.00, leaving the market in a strong intermediate recovery within a still-unresolved major-trend resistance zone.