The ZW Chicago SRW Wheat Futures weekly chart continues to reflect a persistent downtrend across all timeframes. Price action is subdued, with small bars and slow momentum, indicating a lack of strong buying interest and continued pressure from sellers. The WSFG (Weekly Session Fib Grid) and YSFG (Yearly Session Fib Grid) both show price well below their respective NTZ (neutral trading zones) and F0% levels, reinforcing the dominant bearish structure. The MSFG (Monthly Session Fib Grid) is the only outlier, showing a slight upward bias, but this is not supported by the broader trend context. Swing pivot analysis confirms the downtrend, with both short-term and intermediate-term trends pointing lower, and the most recent pivot low at 510.00 acting as immediate support. Resistance levels remain far overhead, with the next significant pivot high at 643.50. All benchmark moving averages from short to long term are trending down, and price remains below every key average, further confirming the entrenched bearish sentiment. Recent trade signals have triggered new short entries, aligning with the prevailing trend. The market is in a prolonged phase of lower highs and lower lows, with no technical evidence yet of a reversal or significant bounce. The environment remains characterized by trend continuation, with any rallies so far being short-lived and met with renewed selling pressure.