ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-17 18:12 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart is exhibiting a persistent downtrend across all timeframes. Price action remains weak, with the last close at 506.50, and momentum is slow, indicating a lack of strong buying interest. The market is trading below all key session fib grid levels (weekly, monthly, yearly), reinforcing a bearish bias. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot low at 506.75 and the next potential resistance at 519.75. All benchmark moving averages (from 5-day to 200-day) are trending lower, confirming the strength and persistence of the downward move. Volatility, as measured by ATR, is moderate, and volume remains steady but not elevated, suggesting no panic selling but a controlled decline. The recent short signal on August 12 aligns with the prevailing trend. Overall, the technical landscape points to continued bearish sentiment, with no immediate signs of reversal or significant support holding, as the market continues to make lower lows and fails to reclaim resistance levels.


Chart Analysis ATS AI Generated: 2025-08-17 18:12 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.