ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Oct-24 07:57 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 weekly chart shows a market that has been in a persistent long-term downtrend, as evidenced by the downward sloping 20, 55, 100, and 200 week moving averages and the negative YSFG trend. However, recent price action has seen a stabilization and a modest bounce from the 492.25 swing low, with small bars and slow momentum indicating a lack of strong conviction in either direction. Both the weekly and monthly session fib grids (WSFG and MSFG) are showing an upward trend with price currently above their respective NTZ/F0% levels, suggesting some short- and intermediate-term recovery attempts. Swing pivot analysis confirms the dominant downtrend in both short- and intermediate-term trends, but the emergence of recent long trade signals and a pivot low may indicate the early stages of a potential base or consolidation phase. Resistance remains significant overhead, with multiple levels between 646 and 1163, while support is defined at the recent swing low. Overall, the market is showing early signs of stabilization in the short- and intermediate-term, but the long-term structure remains bearish until key resistance levels and moving averages are reclaimed.


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.