ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-09 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 reflects a market under persistent downward pressure, with the price currently at 511.25 and slow momentum. The short-term trend remains bearish, as confirmed by the WSFG and swing pivot metrics, with price trading below the weekly NTZ and all short-term benchmarks trending down. Intermediate-term signals are mixed: while the monthly MSFG shows a slight upward bias with price above the October NTZ, the overall pivot structure and moving averages remain in decline, suggesting any rallies are corrective within a broader downtrend. Long-term structure is decisively bearish, with the yearly SFG, 100-day, and 200-day moving averages all pointing lower. Recent trade signals highlight choppy, two-way action near support (502.00) and resistance (519.00), with volatility (ATR) and volume (VOLMA) at moderate levels. The market is in a consolidation phase after a sharp selloff, with lower highs and a test of key support. Swing traders should note the potential for short-term bounces but recognize that the dominant trend remains down unless a sustained breakout above resistance levels occurs.


Chart Analysis ATS AI Generated: 2025-10-09 07:23 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.