ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-08 07:19 CT

Price Action

• Last: 523.06,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 0%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -13%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -30%
• 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 524.00,
• 5. Levels R: 579.49, 554.58, 543.39,
• 6. Levels S: 504.00.

Daily Benchmarks

• (Short-Term) 5 Day: 513.75 Down Trend,
• (Short-Term) 10 Day: 520.45 Down Trend,
• (Intermediate-Term) 20 Day: 532.06 Down Trend,
• (Intermediate-Term) 55 Day: 543.39 Down Trend,
• (Long-Term) 100 Day: 554.58 Down Trend,
• (Long-Term) 200 Day: 605.50 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 07 Aug 2025: Long ZW 09-25 @ 517.5 Signals.USAR.TR120
• 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: Neutral,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart reflects a market in a well-defined downtrend across intermediate and long-term timeframes, as indicated by the MSFG and YSFG trends, as well as all major moving averages pointing lower. The short-term picture is more mixed: while the most recent swing pivot is a low at 504.00, and a short-term long signal was triggered on August 7th, the overall short-term trend remains neutral due to slow momentum and a lack of decisive follow-through. Price is currently trading below the monthly and yearly session fib grids, reinforcing the bearish bias. Resistance levels are stacked well above current price, with the nearest at 543.39, while support is defined by the recent swing low at 504.00. Volatility (ATR) is moderate, and volume remains steady. The market has seen a series of lower highs and lower lows, with recent price action suggesting a possible attempt at a short-term bounce or consolidation after a sharp selloff, but the broader trend context remains negative. Swing traders will note the potential for countertrend moves, but the prevailing structure favors caution until a more convincing reversal or breakout develops.