ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-03 18:16 CT

Price Action

• Last: 518.75,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -99%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -14%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 516.25,
• 4. Pvt. Next: Pvt high 538.25,
• 5. Levels R: 605.50, 599.50, 582.75, 558.33, 541.36,
• 6. Levels S: 516.25.

Daily Benchmarks

• (Short-Term) 5 Day: 530.77 Down Trend,
• (Short-Term) 10 Day: 540.29 Down Trend,
• (Intermediate-Term) 20 Day: 541.36 Down Trend,
• (Intermediate-Term) 55 Day: 558.33 Down Trend,
• (Long-Term) 100 Day: 582.76 Down Trend,
• (Long-Term) 200 Day: 605.50 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 29 Jul 2025: Short ZW 09-25 @ 531.75 Signals.USAR-WSFG
• 28 Jul 2025: Short ZW 09-25 @ 534 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Chicago SRW Wheat Futures are exhibiting a clear bearish structure across all timeframes. Price action is below all key moving averages and session fib grid levels, with the most recent swing pivot confirming a new low at 516.25. The trend is reinforced by both short-term and intermediate-term pivots in a downtrend, and all benchmark moving averages are sloping downward, indicating persistent selling pressure. The ATR remains elevated, suggesting ongoing volatility, while volume is steady but not spiking, pointing to a controlled decline rather than panic selling. Recent trade signals have triggered new short entries, aligning with the prevailing trend. The market is in a decisive downtrend, with no immediate signs of reversal or significant support until the recent swing low is tested. This environment is characterized by trend continuation, lower highs, and lower lows, with any rallies likely to face resistance at prior pivot and moving average levels.