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

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

Chicago SRW Wheat Futures (ZW) continues to exhibit a persistent downtrend across all timeframes. Price action remains weak, with the last close at 511.75, near recent swing lows, and momentum is slow, indicating a lack of strong buying interest. All major session fib grid trends (weekly, monthly, yearly) are negative, with price consistently below their respective NTZ/F0% levels, reinforcing the prevailing bearish sentiment. Swing pivot analysis confirms a dominant downtrend, with the most recent pivot low at 507.75 and the next potential resistance at 550.75. Multiple resistance levels remain well above current price, while support is thin, limited to the recent swing low. All benchmark moving averages (from 5-week to 200-week) are trending down, with price trading below each, highlighting sustained selling pressure and the absence of any reversal signals. The most recent trade signal also aligns with the short side. Overall, the market is entrenched in a bearish cycle, with no technical evidence of a reversal or significant bounce. The environment is characterized by trend continuation, lower highs, and lower lows, with volatility subdued and no signs of a V-shaped recovery or breakout pattern.


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.