ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Oct-30 07:20 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 all major moving averages (20, 55, 100, 200 week) trending lower and price trading well below these benchmarks. However, recent price action has shifted, with the short-term WSFG and intermediate-term MSFG both turning up and price now trading above their respective NTZ/F0% levels. The most recent swing pivot is a low at 528.00, with the next key resistance at the 20-week MA (641.55) and a major support at 492.25. Recent trade signals have triggered long entries, suggesting a potential short-term reversal or bounce is underway. Despite this, the intermediate-term trend remains mixed (short-term up, intermediate-term down), and the long-term structure is still bearish. The market appears to be in the early stages of a corrective rally within a broader downtrend, with volatility subdued and bars small, indicating a cautious recovery. Watch for tests of resistance at the 641.55 level and potential for further consolidation or a retest of support if momentum fails to build.


Chart Analysis ATS AI Generated: 2025-10-30 07:21 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.