ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-04 07:21 CT

Price Action

• Last: 515.5,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -15%
• 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 515.00,
• 4. Pvt. Next: Pvt high 535.50,
• 5. Levels R: 582.11, 560.00, 554.00, 548.00, 545.00, 535.50,
• 6. Levels S: 515.00.

Daily Benchmarks

• (Short-Term) 5 Day: 526 Down Trend,
• (Short-Term) 10 Day: 534 Down Trend,
• (Intermediate-Term) 20 Day: 539 Down Trend,
• (Intermediate-Term) 55 Day: 557 Down Trend,
• (Long-Term) 100 Day: 557 Down Trend,
• (Long-Term) 200 Day: 582 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 04 Aug 2025: Short ZW 09-25 @ 515.5 Signals.USAR-MSFG
• 29 Jul 2025: Short ZW 09-25 @ 531.75 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Chicago SRW Wheat Futures (ZW) continues to exhibit a strong bearish structure across all timeframes. Price action is characterized by medium-sized bars and slow momentum, with the last price at 515.5, marking a new swing low. The market remains below all key session fib grid levels (weekly, monthly, yearly), reinforcing the persistent downtrend. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot low at 515.00 and the next potential reversal only above 535.50. Resistance levels are stacked well above current price, while support is thin, highlighting downside vulnerability. All benchmark moving averages (5, 10, 20, 55, 100, 200 day) are trending down and positioned above price, confirming the dominant bearish momentum. Volatility (ATR) is moderate, and volume is steady but not elevated, suggesting controlled selling rather than panic. Recent trade signals have triggered new shorts, aligning with the prevailing trend. Overall, the technical landscape points to continued weakness, with no immediate signs of reversal or bottoming, and any rallies are likely to encounter significant resistance.