ZW Chicago SRW Wheat Futures Weekly 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 511.00,
• 4. Pvt. Next: Pvt high 591.00,
• 5. Levels R: 947.25, 822.25, 679.25, 652.00, 591.00,
• 6. Levels S: 511.00, 513.00.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 559 Down Trend,
• (Intermediate-Term) 10 Week: 599 Down Trend,
• (Long-Term) 20 Week: 644 Down Trend,
• (Long-Term) 55 Week: 836 Down Trend,
• (Long-Term) 100 Week: 944 Down Trend,
• (Long-Term) 200 Week: 1190 Down Trend.

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

The ZW Chicago SRW Wheat Futures weekly chart continues to reflect a persistent bearish environment across all timeframes. Price action remains below all major session fib grid levels (weekly, monthly, yearly), with the last price at 515.5 sitting just above the most recent swing low support (511.00) and well below all key resistance levels. Momentum is slow, and the bars are medium-sized, indicating a steady but not aggressive decline. All benchmark moving averages (from 5-week to 200-week) are trending down, reinforcing the dominant downtrend. Swing pivot analysis confirms both short-term and intermediate-term trends are down, with the next potential resistance at 591.00 and significant overhead resistance levels much higher. Recent trade signals have triggered new short positions, aligning with the prevailing trend. The market is in a clear downtrend phase, with no immediate signs of reversal, and price remains trapped below the NTZ and F0% levels, suggesting continued pressure and a lack of bullish momentum. The technical landscape points to ongoing weakness, with any rallies likely to encounter strong resistance.