ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Oct-31 07:23 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 contract has recently experienced a strong upward move, as evidenced by large bars and fast momentum, with price action breaking above both the weekly and monthly session fib grid centers (F0%) and holding above the NTZ zones. Short-term and intermediate-term trends are both up, supported by rising 5, 10, and 20-day moving averages, and confirmed by the swing pivot trend and HiLo trend both in UTrend mode. The most recent swing pivot is a low at 518.00, with the next potential pivot high at 534.50, suggesting the market is in a short-term upswing phase. However, the long-term trend remains bearish, with price still well below the 100 and 200-day moving averages, and the yearly fib grid showing a negative bias. Recent trade signals show a mix of long and short entries, reflecting some volatility and possible profit-taking after the recent rally. Volatility is elevated (ATR 51), and volume is robust, indicating active participation. Overall, the market is in a short- to intermediate-term recovery or bounce within a broader long-term downtrend, with potential for further upside tests toward resistance, but with long-term headwinds still present.


Chart Analysis ATS AI Generated: 2025-10-31 07:23 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.