ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-21 07:24 CT

Price Action

• Last: 501.75,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -11%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -47%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 492.25,
• 4. Pvt. Next: Pvt High 507.25,
• 5. Levels R: 574.11, 543.96, 535.75, 527.75, 507.25,
• 6. Levels S: 492.25.

Daily Benchmarks

• (Short-Term) 5 Day: 499.25 Down Trend,
• (Short-Term) 10 Day: 500.25 Down Trend,
• (Intermediate-Term) 20 Day: 509.60 Down Trend,
• (Intermediate-Term) 55 Day: 522.86 Down Trend,
• (Long-Term) 100 Day: 543.96 Down Trend,
• (Long-Term) 200 Day: 574.11 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77,996.

Recent Trade Signals

• 20 Oct 2025: Long ZW 12-25 @ 506.5 Signals.USAR-WSFG
• 16 Oct 2025: Long ZW 12-25 @ 501 Signals.USAR.TR120
• 13 Oct 2025: Short ZW 12-25 @ 498.75 Signals.USAR-MSFG

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart continues to reflect a persistent downtrend across all timeframes. Price action remains subdued, with small bars and slow momentum, indicating a lack of strong buying interest or volatility. The contract is trading below all key session fib grid levels (weekly, monthly, yearly), and the price is firmly below the NTZ/F0% zones, reinforcing the prevailing bearish bias. Both short-term and intermediate-term swing pivot trends are down, with the most recent pivot low at 492.25 and the next resistance at 507.25. All benchmark moving averages (from 5-day to 200-day) are trending lower, confirming the strength and persistence of the downtrend. Recent trade signals show attempts at long entries, but these are counter to the dominant trend and may reflect short-term mean reversion attempts rather than a structural reversal. Volatility (ATR) is moderate, and volume remains steady but not elevated, suggesting no capitulation or breakout event. Overall, the market is in a well-established downtrend, with no technical evidence yet of a significant reversal or bottoming process.