ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Oct-06 07:26 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a market that has been in a persistent long-term downtrend, as evidenced by all major moving averages (20, 55, 100, 200 week) trending lower and price trading below these benchmarks. The yearly session fib grid (YSFG) also confirms a bearish long-term structure, with price well below the NTZ center and a -40% reading. However, recent price action has shown some stabilization, with small bars and slow momentum indicating a pause in selling pressure. Both the weekly and monthly session fib grids (WSFG, MSFG) have shifted to an upward trend, with price now above their respective NTZ centers, suggesting a potential short-term and intermediate-term base is forming. Swing pivots highlight a recent pivot low at 502.00, with the next significant resistance at 552.06 and 594.97. Recent trade signals have triggered long entries, reflecting this short-term shift in sentiment. Overall, while the long-term trend remains bearish, there are early signs of a possible counter-trend rally or consolidation phase developing in the short and intermediate term, as the market tests support and attempts to recover from oversold conditions.


Chart Analysis ATS AI Generated: 2025-10-06 07:27 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.