ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Sep-28 18:16 CT

Price Action

• Last: 523.40,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Sep

• Intermediate-Term
• MSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -39%
• 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 507.25,
• 4. Pvt. Next: Pvt high 535.75,
• 5. Levels R: 582.50, 575.00, 555.75, 535.75,
• 6. Levels S: 507.25.

Daily Benchmarks

• (Short-Term) 5 Day: 519.75 Down Trend,
• (Short-Term) 10 Day: 523.18 Down Trend,
• (Intermediate-Term) 20 Day: 526.13 Down Trend,
• (Intermediate-Term) 55 Day: 536.51 Down Trend,
• (Long-Term) 100 Day: 554.13 Down Trend,
• (Long-Term) 200 Day: 585.00 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 26 Sep 2025: Short ZW 12-25 @ 519.5 Signals.USAR.TR120
• 26 Sep 2025: Long ZW 12-25 @ 525.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Chicago SRW Wheat Futures continue to exhibit a persistent downtrend across all timeframes, with price action remaining below key session fib grid levels and all major moving averages. The most recent swing pivot is a low at 507.25, with the next potential resistance at 535.75, indicating the market is still making lower highs and lower lows. Both short-term and intermediate-term trends are confirmed as down, with no sign of reversal as moving averages slope downward and price remains under the NTZ zones. Volatility, as measured by ATR, is moderate, and volume remains steady but not elevated, suggesting no panic selling or buying. Recent trade signals show mixed short and long entries, reflecting some short-term countertrend activity, but the dominant structure remains bearish. The market is in a corrective phase, with any rallies so far being sold into, and no significant support until the recent swing low. The overall technical landscape points to continued pressure, with any upside likely to face strong resistance at prior pivot highs and moving averages.