ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Nov-17 07:23 CT

Price Action

• Last: 531.75,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: 24%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Nov

• Intermediate-Term
• MSFG Current: 76%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2025

• Long-Term
• YSFG Current: -35%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 545.00,
• 4. Pvt. Next: Pvt low 510.00,
• 5. Levels R: 1193.00, 1045.50, 984.75, 844.50, 701.50, 545.00,
• 6. Levels S: 492.25.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: [not shown] [not shown],
• (Intermediate-Term) 10 Week: [not shown] [not shown],
• (Long-Term) 20 Week: 531.75 Down Trend,
• (Long-Term) 55 Week: 634.68 Down Trend,
• (Long-Term) 100 Week: 817.66 Down Trend,
• (Long-Term) 200 Week: [not shown] [not shown].

Recent Trade Signals

• 14 Nov 2025: Short ZW 12-25 @ 527.5 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart shows a market that remains under significant long-term pressure, with the yearly session fib grid (YSFG) and all major long-term moving averages trending down. Despite a recent short-term bounce that has pushed price above the weekly and monthly session fib grid centers (WSFG and MSFG), the overall structure is still dominated by a series of lower highs and lower lows, as confirmed by the swing pivot trends (both short- and intermediate-term are in downtrends). The most recent swing pivot is a high at 545.00, with the next key support at 510.00 and a major support level at 492.25. Resistance levels remain far overhead, reflecting the depth of the prior selloff. The recent short signal (14 Nov 2025) aligns with the prevailing bearish intermediate and long-term trends, even as short-term action attempts a retracement. The market is currently in a corrective phase within a broader downtrend, with momentum slow and price action consolidating near recent lows. This environment suggests a market in transition, with any rallies likely to face strong resistance from overhead moving averages and prior swing highs.