ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-24 18:14 CT

Price Action

• Last: 527.25,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -5%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -41%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -36%
• 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 534.75,
• 5. Levels R: 569.48, 554.37, 534.75,
• 6. Levels S: 517.25.

Daily Benchmarks

• (Short-Term) 5 Day: 523.05 Down Trend,
• (Short-Term) 10 Day: 529.00 Down Trend,
• (Intermediate-Term) 20 Day: 538.70 Down Trend,
• (Intermediate-Term) 55 Day: 569.48 Down Trend,
• (Long-Term) 100 Day: 595.39 Down Trend,
• (Long-Term) 200 Day: 621.75 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Overall Rating

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

Key Insights Summary

Chicago SRW Wheat Futures (ZW) continues to exhibit a strong bearish structure across all timeframes. Price action remains below all key moving averages and session fib grid levels, with the most recent swing pivot confirming a new low at 517.25. The short-term and intermediate-term trends are both down, as indicated by the swing pivot and HiLo trend metrics, and all benchmark moving averages are trending lower. The market has experienced a persistent sell-off since late July, with only minor attempts at consolidation or bounce, and no significant reversal signals present. Volatility remains moderate, and volume is steady but not signaling a major shift in participation. The technical landscape suggests the market is in a clear downtrend, with lower highs and lower lows dominating the chart, and no evidence yet of a base or recovery pattern forming.