ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Nov-10 07:25 CT

Price Action

• Last: 534.00,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: 32%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 83%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2025

• Long-Term
• YSFG Current: -34%
• 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 Low 492.25,
• 4. Pvt. Next: Pvt High 555.00,
• 5. Levels R: 555.00, 568.25, 584.25, 595.25, 599.00,
• 6. Levels S: 519.68, 517.25, 502.25, 492.25.

Daily Benchmarks

• (Short-Term) 5 Day: 547.25 Up Trend,
• (Short-Term) 10 Day: 536.94 Up Trend,
• (Intermediate-Term) 20 Day: 519.68 Up Trend,
• (Intermediate-Term) 55 Day: 525.49 Up Trend,
• (Long-Term) 100 Day: 534.00 Up Trend,
• (Long-Term) 200 Day: 568.65 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77996.

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a strong short- and intermediate-term bullish trend, with price action breaking above key moving averages and the monthly/weekly session fib grids. The recent swing pivot structure confirms an uptrend, with the last pivot low at 492.25 and the next resistance at 555.00. All short- and intermediate-term moving averages are trending up, supporting the current rally, while the long-term 200-day MA remains above price and in a downtrend, indicating the broader trend is still bearish. Volatility is elevated (ATR 51), and volume remains robust, suggesting active participation. The market has staged a sharp recovery from October lows, forming higher lows and breaking out of consolidation zones, but is now approaching significant resistance levels. The long-term trend remains down, so the current move may be a countertrend rally within a larger bearish cycle. Swing traders should note the potential for further upside in the short/intermediate term, but also be aware of overhead resistance and the broader long-term downtrend context.