ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Aug-21 07:26 CT

Price Action

• Last: 533.00,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 26%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -27%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -33%
• 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 517.25,
• 4. Pvt. Next: Pvt High 574.75,
• 5. Levels R: 1183.00, 984.50, 844.00, 674.25, 574.75,
• 6. Levels S: 517.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 573.06 Down Trend,
• (Intermediate-Term) 10 Week: 615.26 Down Trend,
• (Long-Term) 20 Week: 662.37 Down Trend,
• (Long-Term) 55 Week: 853.40 Down Trend,
• (Long-Term) 100 Week: 1045.25 Down Trend,
• (Long-Term) 200 Week: 1183.00 Down Trend.

Overall Rating

• Short-Term: Neutral,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a market entrenched in a long-term and intermediate-term downtrend, with price action making new swing lows and momentum remaining slow. The short-term WSFG trend has turned up, with price currently above the weekly NTZ center, suggesting a possible short-term bounce or consolidation phase. However, the intermediate and long-term MSFG and YSFG trends remain firmly down, with price below their respective NTZ centers and all major moving averages trending lower. Swing pivots confirm the dominance of the downtrend, with the most recent pivot low at 517.25 and the next resistance at 574.75. Major resistance levels are stacked well above current price, while support is thin below. The overall structure suggests that while a short-term pause or minor retracement is possible, the broader trend remains bearish, with rallies likely to encounter significant resistance. The market is in a prolonged corrective or bear phase, with no clear signs of a major reversal yet.