ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Oct-22 07:23 CT

Price Action

• Last: 500.25,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -24%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -19%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -48%
• 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 628.75,
• 5. Levels R: 1143.00, 1048.50, 944.50, 844.50, 701.50, 628.75,
• 6. Levels S: 492.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 544.45 Down Trend,
• (Intermediate-Term) 10 Week: 588.39 Down Trend,
• (Long-Term) 20 Week: 643.57 Down Trend,
• (Long-Term) 55 Week: 828.24 Down Trend,
• (Long-Term) 100 Week: 0.00,
• (Long-Term) 200 Week: 0.00.

Recent Trade Signals

• 22 Oct 2025: Short ZW 12-25 @ 499.25 Signals.USAR-MSFG
• 21 Oct 2025: Short ZW 12-25 @ 500 Signals.USAR.TR120
• 20 Oct 2025: Long ZW 12-25 @ 506.5 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

Chicago SRW Wheat Futures (ZW) continue to exhibit a persistent downtrend across all timeframes. Price action is subdued, with small bars and slow momentum, reflecting a lack of bullish conviction and ongoing selling pressure. All major session fib grid trends (weekly, monthly, yearly) are negative, with price consistently below their respective NTZ/F0% levels, confirming a strong downward bias. Swing pivot analysis shows both short-term and intermediate-term trends are down, with the most recent pivot low at 492.25 acting as the nearest support, and the next significant resistance at 628.75. Multiple resistance levels above current price reinforce the overhead supply. All benchmark moving averages (5, 10, 20, 55 week) are trending down, further validating the prevailing bearish structure. Recent trade signals have favored the short side, aligning with the dominant trend. The market remains in a clear downtrend, with no technical evidence of reversal or significant bounce at this stage. Volatility is low, and the price structure suggests continued weakness unless a major catalyst emerges.