ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-26 07:24 CT

Price Action

• Last: 532.00,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: 18%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: -34%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -34%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 517.25,
• 4. Pvt. Next: Pvt high 553.00,
• 5. Levels R: 594.12, 590.00, 579.25, 559.25, 552.56,
• 6. Levels S: 517.25.

Daily Benchmarks

• (Short-Term) 5 Day: 527.25 Up Trend,
• (Short-Term) 10 Day: 527.25 Up Trend,
• (Intermediate-Term) 20 Day: 533.63 Down Trend,
• (Intermediate-Term) 55 Day: 558.28 Down Trend,
• (Long-Term) 100 Day: 598.22 Down Trend,
• (Long-Term) 200 Day: 621.75 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a recent short-term bounce, with price action lifting off the 517.25 swing low support and forming a new short-term uptrend pivot. However, the intermediate and long-term trends remain decisively bearish, as indicated by the downward direction of the 20, 55, 100, and 200-day moving averages, and the price trading below the monthly and yearly session fib grid centers. The current rally is encountering resistance from the 20-day MA and the lower edge of the August MSFG, suggesting this move may be a counter-trend retracement within a broader downtrend. Volatility remains moderate, and volume is steady but not signaling a major breakout. The market is in a corrective phase, with short-term momentum improving but facing significant overhead resistance levels. The overall structure suggests a market in a bear trend with a short-term relief rally, and swing traders will be watching for signs of either a reversal continuation or a resumption of the dominant downtrend.