ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-24 07:56 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

The ZW Chicago SRW Wheat Futures daily chart shows a recent shift in short-term momentum, with price action breaking above key short-term and intermediate-term moving averages and the MSFG/WSFG F0% levels. The short-term swing pivot trend has turned up, supported by consecutive long signals and a series of higher lows, indicating a potential short-term recovery or bounce from the recent lows near 492.25. However, the intermediate-term HiLo trend remains down, and price is still below the 55, 100, and 200-day moving averages, which are all trending lower, reflecting persistent long-term bearish pressure. The market is currently testing resistance at the 514-527.75 zone, with significant overhead resistance levels stacked above. Volatility (ATR) is moderate, and volume is steady, suggesting active participation but not extreme conditions. Overall, the market is in a short-term bullish retracement within a broader intermediate and long-term downtrend, with the potential for further upside tests but significant resistance overhead.


Chart Analysis ATS AI Generated: 2025-10-24 07:57 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.