ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Oct-29 07:19 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 market is showing early signs of a potential short-term reversal after a prolonged downtrend. Price action is subdued with small bars and slow momentum, indicating a cautious environment. The Weekly Session Fib Grid (WSFG) and Monthly Session Fib Grid (MSFG) both show price above their respective NTZ/F0% levels, with uptrends in the short and intermediate term, supported by recent long trade signals. However, the Yearly Session Fib Grid (YSFG) remains firmly bearish, with price well below the yearly NTZ and all long-term moving averages trending down. Swing pivots confirm a short-term uptrend but the intermediate-term trend is still down, with significant resistance overhead and only one major support level nearby. The overall structure suggests a possible short-term bounce or retracement within a dominant long-term bearish trend, with the market potentially in the early stages of a base-building process. Volatility remains low, and the market is likely to face strong resistance on any rallies, especially near the 20 and 55 week moving averages.


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.