ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-23 07:25 CT

Price Action

• Last: 505.00,
• Bars: Small,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 1%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -46%
• 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: 507.25, 527.75, 535.75, 559.25, 569.25, 579.25, 589.25,
• 6. Levels S: 492.25, 486.00, 480.00.

Daily Benchmarks

• (Short-Term) 5 Day: 503.10 Down Trend,
• (Short-Term) 10 Day: 505.80 Down Trend,
• (Intermediate-Term) 20 Day: 507.80 Down Trend,
• (Intermediate-Term) 55 Day: 521.40 Down Trend,
• (Long-Term) 100 Day: 542.35 Down Trend,
• (Long-Term) 200 Day: 573.10 Down Trend.

Additional Metrics

• ATR: 31,
• VOLMA: 77996.

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 continue to exhibit a dominant bearish structure across all timeframes. Price action remains subdued, with small bars and slow momentum, reflecting a lack of strong buying interest. The short-term WSFG shows a minor upward bias, but this is overshadowed by the prevailing downtrends in both the monthly (MSFG) and yearly (YSFG) session fib grids. All benchmark moving averages are trending down, confirming persistent downside pressure. Swing pivot analysis highlights a recent pivot low at 492.25, with resistance levels stacked above and support at 492.25, 486.00, and 480.00. Recent trade signals have favored the short side, aligning with the broader trend. Volatility, as measured by ATR, is moderate, and volume remains steady. The market is in a clear downtrend, with lower highs and lower lows, and no significant reversal signals present. The technical landscape suggests continued weakness, with any rallies likely to encounter resistance at the identified pivot and moving average levels.