ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Aug-29 07:21 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 shows a market in transition. Short-term price action has shifted to an uptrend, as indicated by the most recent swing pivot and both 5- and 10-day moving averages turning up, supported by a recent long signal. However, momentum remains slow and price is still below key intermediate and long-term moving averages, with the 20, 55, 100, and 200-day benchmarks all trending down. The intermediate and long-term session fib grids (MSFG and YSFG) both show price below their NTZ centers, confirming a broader bearish structure. Resistance levels are stacked above, with the nearest support at 517.25. Volume and volatility are moderate, suggesting a lack of strong conviction. The market appears to be in a corrective bounce within a larger downtrend, with short-term traders watching for either a continuation higher or a reversal back toward support. The overall structure remains bearish on higher timeframes, with only tentative short-term strength.


Chart Analysis ATS AI Generated: 2025-08-29 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.