ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Sep-08 07:22 CT

Price Action

• Last: 523.25,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 8%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -21%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -38%
• 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 514.4,
• 4. Pvt. Next: Pvt High 531.0,
• 5. Levels R: 589.58, 579.25, 556.25, 545.78, 531.0,
• 6. Levels S: 514.4, 510.25.

Daily Benchmarks

• (Short-Term) 5 Day: 527.74 Down Trend,
• (Short-Term) 10 Day: 530.00 Down Trend,
• (Intermediate-Term) 20 Day: 545.78 Down Trend,
• (Intermediate-Term) 55 Day: 562.94 Down Trend,
• (Long-Term) 100 Day: 595.09 Down Trend,
• (Long-Term) 200 Day: 621.75 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77,996.

Recent Trade Signals

• 03 Sep 2025: Short ZW 12-25 @ 523.25 Signals.USAR-MSFG
• 02 Sep 2025: Short ZW 12-25 @ 524.75 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart reflects a persistent bearish environment across all timeframes. Price action is subdued with slow momentum and medium-sized bars, indicating a lack of strong directional conviction but a prevailing downward bias. The short-term WSFG shows a minor upward retracement, but this is countered by the intermediate and long-term MSFG and YSFG trends, both of which remain firmly down with price trading below their respective NTZ/F0% levels. Swing pivot analysis confirms a dominant downtrend, with the most recent pivot low at 514.4 and resistance levels stacked well above current prices, suggesting rallies are being sold into. All benchmark moving averages from short to long-term are trending down, reinforcing the overall bearish structure. Recent trade signals have also favored the short side, aligning with the broader technical picture. Volatility, as measured by ATR, is moderate, and volume remains steady, indicating no major capitulation or reversal signals. In summary, the market is in a sustained downtrend, with any short-term bounces likely to face resistance from overhead supply and moving averages, while support is being tested at recent swing lows.