ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Nov-23 18:24 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

The weekly chart for ZW Chicago SRW Wheat Futures shows a market that has been in a persistent long-term downtrend, as evidenced by the downward sloping 20 and 55 week moving averages and the negative YSFG trend. However, recent price action has seen a modest short-term bounce, with the WSFG and MSFG both indicating an upward trend and price currently above their respective NTZ/F0% levels. Swing pivots confirm a short-term uptrend, but the intermediate-term trend remains down, and the next key pivot is a potential test of support at 510.00. Resistance levels are stacked well above current price, highlighting the overhead supply and the challenge for any sustained rally. The recent trade signals reflect this mixed environment, with both a short and a long signal triggered in close succession, suggesting choppy and indecisive price action. Overall, the market is showing some short-term stabilization within a broader bearish context, with volatility likely as price tests key support and resistance levels.


Chart Analysis ATS AI Generated: 2025-11-23 18:24 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.