ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Sep-29 07:24 CT

Price Action

WSFG Weekly

MSFG Month Sep

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. Price action is currently consolidating with medium-sized bars and slow momentum, reflecting indecision after a prolonged downtrend. The short-term trend has shifted to an uptrend, as indicated by the most recent swing pivot low at 507.25 and a potential move toward the next resistance at 535.75. However, intermediate and long-term trends remain bearish, with price trading below both the monthly and yearly session fib grid centers and all major moving averages except the short-term 5, 10, and 20-day, which have just turned up. Recent trade signals highlight mixed short-term sentiment, with both a short and a long triggered in close succession, underscoring the choppy, range-bound nature of the current market. The ATR and volume metrics suggest moderate volatility and participation. Overall, the market is in a corrective phase within a broader downtrend, with short-term bounces facing significant resistance from higher timeframe moving averages and swing levels. Swing traders should note the potential for further consolidation or a retest of recent lows if resistance holds, while a breakout above 535.75 could signal a more meaningful reversal attempt.


Chart Analysis ATS AI Generated: 2025-09-29 07:25 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.