ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Oct-31 07:23 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 in transition. Short-term momentum has shifted upward, as indicated by the recent uptrend in swing pivots and both the 5- and 10-week moving averages turning up, supported by price action above the weekly and monthly session fib grid centers. However, the intermediate-term trend remains mixed, with the HiLo trend still down and price action facing resistance from longer-term moving averages. The long-term outlook is bearish, with price well below the yearly session fib grid center and all major long-term moving averages trending down. Recent trade signals reflect this volatility, with both long and short entries triggered in the past week. The market is currently rebounding from a significant support level (492.25), but faces overhead resistance from the 20-week and higher benchmarks. This setup suggests a possible short-term bounce or retracement within a broader downtrend, with the potential for choppy or consolidative price action as the market tests key resistance levels.


Chart Analysis ATS AI Generated: 2025-10-31 07:24 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.