ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-08 07:23 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 closing at 507.00 and momentum remaining slow. The short-term and long-term trends are both bearish, as confirmed by the WSFG and YSFG session fib grids, swing pivot trends, and all major moving averages pointing down. The intermediate-term (monthly) MSFG trend is showing a slight upward bias, but this is countered by the dominant downtrend in other timeframes. Recent price action has been choppy, with medium-sized bars and a lack of strong momentum, suggesting a market in a consolidation phase after a series of lower highs and lower lows. The most recent swing pivot is a low at 502.00, with the next resistance at 519.50. Volatility (ATR) is moderate, and volume remains steady. Recent trade signals have been mixed, with both short and long entries triggered, reflecting the current indecision and potential for short-term countertrend moves within a broader bearish structure. Overall, the market remains in a downtrend with occasional corrective bounces, but no clear sign of a sustained reversal yet.


Chart Analysis ATS AI Generated: 2025-10-08 07:23 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.