ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Oct-16 07:24 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 market remains entrenched in a broad, multi-timeframe downtrend. Price action is subdued, with small bars and slow momentum, reflecting a lack of strong buying interest and continued pressure from sellers. All major session fib grid trends (weekly, monthly, yearly) are negative, with price consistently below their respective NTZ/F0% levels, confirming persistent bearish sentiment. Swing pivot analysis shows the most recent pivot is a new low at 496.00, with the next significant resistance at 594.25 and higher resistance levels well above current price, indicating substantial overhead supply. All benchmark moving averages from short to long term are trending down, reinforcing the dominant downward structure. Recent trade signals show mixed short-term activity but the intermediate and long-term context remains negative. The market is in a prolonged sell-off phase, with no technical evidence yet of a reversal or sustained bounce. This environment is characterized by lower highs, lower lows, and a lack of bullish catalysts, suggesting continued caution for any counter-trend moves.


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.