ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-29 07:19 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 strong short-term and intermediate-term bullish reversal, with price breaking above both the weekly and monthly session fib grid centers and holding above key short-term moving averages. The recent large, fast-momentum bars indicate aggressive buying, likely fueled by a combination of technical breakout and possible fundamental catalysts. Swing pivots confirm an uptrend in both short and intermediate timeframes, with the most recent pivot high at 534.00 and support at 492.25. However, the long-term trend remains bearish, as price is still below the 100-day and 200-day moving averages, and the yearly session fib grid trend is down. Volume and volatility have increased, supporting the strength of the current move. The market is in a recovery phase from a prolonged downtrend, with the potential for further upside if resistance levels are cleared, but the broader trend context remains cautious until long-term benchmarks are reclaimed.


Chart Analysis ATS AI Generated: 2025-10-29 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.