ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Aug-08 07:20 CT
Price Action
- Last: 517.5,
- 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 sec 850.25,
- 5. Levels R: 1147.75, 1047.25, 942.50, 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: 944.71 Down Trend,
- (Long-Term) 200 Week: 1308.44 Down Trend.
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 market remains in a pronounced long-term and intermediate-term downtrend, as confirmed by the negative slopes and price positions below all major moving averages (20, 55, 100, and 200 week). The swing pivot structure shows persistent lower highs and lower lows, with the most recent pivot low at 504.00 acting as the key support. Resistance levels are stacked well above current price, indicating significant overhead supply. The short-term picture is more neutral, with price currently at the WSFG 0% level and recent mixed trade signals suggesting indecision or potential for a short-term pause or bounce within the broader downtrend. Momentum is slow, and price action is characterized by medium-sized bars, reflecting a market that is consolidating after a strong selloff. Overall, the technical landscape points to continued bearish pressure unless a sustained move above key resistance levels and moving averages occurs. The market is in a potential basing or exhaustion phase, but no clear reversal is evident yet.
Chart Analysis ATS AI Generated: 2025-08-08 07:20 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.