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

Price Action

• Last: 665.00,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 714.25,
• 4. Pvt. Next: Pvt low 628.75,
• 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: 638.00 Up Trend,
• (Short-Term) 10 Day: 625.75 Up Trend,
• (Intermediate-Term) 20 Day: 623.50 Up Trend,
• (Intermediate-Term) 55 Day: 607.00 Up Trend,
• (Long-Term) 100 Day: 611.00 Up Trend,
• (Long-Term) 200 Day: 731.50 Down Trend.

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: Neutral.

Key Insights Summary

Weekly wheat has produced a fast, volatile rebound from the 517.50 support region, lifting the pivot and HiLo structures into UTrend and restoring price above the rising 5, 10, 20, 55, and 100 week benchmarks. The latest decline from the 714.25 pivot high is a short-term retracement, reflected by the negative weekly fib position and recent short signals. The 628.75 pivot-low reversal level and clustered 623.50 to 638.00 moving-average area define the near-term structural zone, while 731.25 remains the first major overhead swing resistance. Monthly and yearly fib structures remain positive, but the falling 200 week benchmark near 731.50 shows the broader recovery is still operating beneath major long-term resistance.