ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Aug-07 07:22 CT

Price Action

Last: 500.00,
Bars: Medium,
Mom: Momentum slow.

WSFG Weekly

Short-Term
WSFG Current: -11%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Aug

Intermediate-Term
MSFG Current: -18%
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 504.00,
4. Pvt. Next: Pvt high 594.00,
5. Levels R: 1130.75, 1047.25, 947.25, 822.25, 679.25, 594.00,
6. Levels S: 504.00.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 557.11 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: 950.00 Down Trend,
(Long-Term) 200 Week: 1130.00 Down Trend.

Recent Trade Signals

05 Aug 2025: Short ZW 09-25 @ 515 Signals.USAR-WSFG
04 Aug 2025: Short ZW 09-25 @ 516.5 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, with price action remaining below key Fibonacci grid levels and all major moving averages trending lower. The most recent swing pivot is a new low at 504.00, with the next significant resistance at 594.00, highlighting a wide gap and lack of nearby overhead resistance. Momentum is slow, and the market is characterized by medium-sized bars, suggesting a steady but not accelerated decline. Multiple recent short signals reinforce the prevailing bearish sentiment. The technical structure shows no signs of reversal, with lower highs and lower lows dominating the chart, and all benchmark moving averages confirming the downward trajectory. The market remains in a clear downtrend, with no immediate evidence of a bottoming process or significant counter-trend activity.