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

Price Action

WSFG Weekly

MSFG Month Oct

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 under persistent downward pressure, with the price currently at 513.75 and slow momentum. The short-term trend remains bearish, as confirmed by the WSFG and swing pivot trends, with price trading below the weekly NTZ and all short-term moving averages pointing down. Intermediate-term signals are mixed: while the monthly MSFG trend is up and price is above the monthly NTZ, the overall structure is still dominated by lower highs and lower lows, and the 20/55-day moving averages are in decline. Long-term outlook is bearish, with the yearly SFG trend down and price well below the 100- and 200-day moving averages. Key resistance levels are clustered above at 520, 527.75, and 535.75, while support is at 502.00. Recent trade signals reflect both long and short entries, highlighting a choppy, range-bound environment with potential for short-term bounces but no clear reversal. Volatility remains moderate (ATR 51), and volume is steady. Overall, the market is in a corrective phase within a broader downtrend, with short-term rallies likely to face resistance and the long-term trend still favoring the bears.


Chart Analysis ATS AI Generated: 2025-10-07 07:25 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.