ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2026-Jul-29 07:12 CT

Price Action

• Last: 663.50,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -31%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: 106%
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 650.50,
• 4. Pvt. Next: Pvt high 699.50,
• 5. Levels R: 1040.00, 994.50, 874.25, 731.25, 710.25,
• 6. Levels S: 650.50, 574.00, 538.25, 523.00, 517.50.

Daily Benchmarks

• (Short-Term) 5 Day: 680.50 Down Trend,
• (Short-Term) 10 Day: 679.00 Down Trend,
• (Intermediate-Term) 20 Day: 648.00 Up Trend,
• (Intermediate-Term) 55 Day: 634.00 Up Trend,
• (Long-Term) 100 Day: 626.00 Up Trend,
• (Long-Term) 200 Day: 588.00 Up Trend.

Additional Metrics

• ATR: 73.50,
• VOLMA: 77996.

Recent Trade Signals

• 27 Jul 2026: Short ZW 09-26 @ 675 Signals.USAR-WSFG
• 24 Jul 2026: Short ZW 09-26 @ 665.25 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

ZW reversed sharply from the 710.25 pivot-high resistance area and produced a fast, high-range decline into the 650.50 pivot-low support zone. The short-term pivot structure, weekly grid position, and declining 5- and 10-day benchmarks remain bearish, while price is holding above the rising 20-, 55-, 100-, and 200-day benchmarks. This reflects a short-term pullback within a still-positive intermediate- and long-term structure. The 650.50 level is the immediate swing reference below price, while 699.50 and 710.25 define the principal overhead pivot and resistance area.