ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-16 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

Chicago SRW Wheat Futures continue to exhibit a strong bearish structure across all timeframes. Price remains below all key session fib grid levels (weekly, monthly, yearly), and all benchmark moving averages are trending down, confirming persistent downside momentum. The most recent swing pivot is a new low at 494.25, with the next potential resistance at 507.75, indicating that any rallies are likely to face overhead supply. Volatility, as measured by ATR, is moderate, and volume remains steady but not elevated, suggesting no panic selling but a controlled downtrend. Recent trade signals show mixed short-term attempts at a bounce, but the dominant trend remains down. The market is in a clear downtrend, with lower highs and lower lows, and no technical evidence yet of a sustained reversal or bottoming process.


Chart Analysis ATS AI Generated: 2025-10-16 07:24 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.