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

Price Action

• Last: 516.75,
• 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 591.00,
• 5. Levels R: 1140.75, 1047.25, 942.25, 822.25, 679.25, 591.00,
• 6. Levels S: 516.25, 16.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 559.24 Down Trend,
• (Intermediate-Term) 10 Week: 599.24 Down Trend,
• (Long-Term) 20 Week: 644.71 Down Trend,
• (Long-Term) 55 Week: 836.09 Down Trend,
• (Long-Term) 100 Week: 944.71 Down Trend,
• (Long-Term) 200 Week: 1151.00 Down Trend.

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 continue to exhibit a persistent downtrend across all timeframes. Price action remains below all major moving averages and key Fibonacci grid levels, with the most recent swing low at 516.25 being tested. Both short-term and intermediate-term swing pivot trends are down, and all benchmark moving averages are aligned lower, confirming strong downside momentum. The market has generated fresh short signals in late July, reinforcing the prevailing bearish sentiment. Resistance levels remain far above current price, while support is thin and primarily at recent lows. The technical structure suggests ongoing weakness, with no immediate signs of reversal or stabilization. This environment reflects a market dominated by sellers, with lower highs and lower lows, and little evidence of a counter-trend rally or consolidation phase at this stage.