ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Nov-03 07:18 CT

Price Action

• Last: 538.88,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 45%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 103%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2025

• Long-Term
• YSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 543.0,
• 4. Pvt. Next: Pvt Low 505.25,
• 5. Levels R: 551.25, 545.25, 543.0, 538.88, 535.25, 532.25, 525.50,
• 6. Levels S: 510.68, 507.25, 492.25, 402.25.

Daily Benchmarks

• (Short-Term) 5 Day: 510.68 Up Trend,
• (Short-Term) 10 Day: 507.25 Up Trend,
• (Intermediate-Term) 20 Day: 510.68 Up Trend,
• (Intermediate-Term) 55 Day: 522.19 Down Trend,
• (Long-Term) 100 Day: 541.75 Down Trend,
• (Long-Term) 200 Day: 570.16 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Recent Trade Signals

• 30 Oct 2025: Short ZW 12-25 @ 523.5 Signals.USAR.TR120

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Bullish,
• Long-Term: Bearish.

Key Insights Summary

The ZW Chicago SRW Wheat Futures contract has recently experienced a strong upward move, with large bullish bars and fast momentum pushing price above both the weekly and monthly session fib grid centers, indicating a clear short- and intermediate-term uptrend. Swing pivot analysis confirms this, with both short-term and intermediate-term trends in an uptrend, and the most recent pivot evolving to a new high at 543.0. Multiple resistance levels are now clustered just above current price, while support is well-defined below, suggesting a potential test of overhead resistance. All short-term and intermediate-term moving averages have turned up, reinforcing the bullish bias, though the 55, 100, and 200-day long-term benchmarks remain in a downtrend, highlighting that the broader trend is still bearish. Volatility is elevated (ATR 51), and volume is robust, supporting the strength of the recent move. The most recent trade signal was a short entry, but price action since then has been decisively bullish, suggesting a possible squeeze or reversal of short positions. Overall, the market is in a strong rally phase in the short- and intermediate-term, but faces significant long-term resistance and remains in a broader downtrend.