ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Jul-23 07:11 CT

Price Action

• Last: 696.00,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 49%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 160%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 72%
• 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 714.00,
• 4. Pvt. Next: Pvt low 602.00,
• 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: 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.

Recent Trade Signals

• 22 Jul 2026: Long ZW 09-26 @ 696 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Price has produced a strong V-recovery from the 2026 yearly low area and is now above all weekly benchmarks through the 100-period average. The pivot structure is advancing, with higher swing lows supporting the current up-leg, while 714.00 is the immediate pivot-high threshold and 731.25 is the next major resistance. The 200-period benchmark remains declining and overhead near 734.00, defining a longer-cycle countertrend ceiling despite the constructive weekly, monthly, and yearly fib-grid alignment.