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

Price Action

• Last: 534.00,
• Bars: Medium,
• Mom: Momentum slow.

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: DTrend,
• 3. Pvt. Evolve: Pvt high 595.00,
• 4. Pvt. Next: Pvt low 510.50,
• 5. Levels R: 1193.00, 1043.50, 984.75, 844.50, 701.50, 624.25,
• 6. Levels S: 492.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 581.83 Down Trend,
• (Intermediate-Term) 10 Week: 581.83 Down Trend,
• (Long-Term) 20 Week: 637.07 Down Trend,
• (Long-Term) 55 Week: 820.14 Down Trend,
• (Long-Term) 100 Week: 984.75 Down Trend,
• (Long-Term) 200 Week: 1043.50 Down Trend.

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a market in a long-term downtrend, with price action remaining below major moving averages and the yearly session fib grid (YSFG) indicating a persistent bearish bias. However, recent weekly and monthly session fib grid (WSFG and MSFG) readings have turned upward, with price now above the short-term and intermediate-term NTZ/F0% levels, suggesting a short-term bullish reversal or corrective bounce within the broader downtrend. Swing pivots confirm this with a current short-term uptrend, but the intermediate-term trend remains down, and resistance levels are stacked above current price, highlighting overhead supply. Momentum is slow and bars are medium-sized, indicating a cautious recovery rather than a strong rally. The overall structure suggests a market attempting a short-term recovery, but still facing significant resistance and downward pressure from higher timeframes. This environment is typical of a counter-trend rally within a dominant bearish cycle, with potential for further volatility and choppy price action as the market tests key resistance and support levels.