ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Dec-03 07:22 CT

Price Action

WSFG Weekly

MSFG Month Dec

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart shows a market under pressure, with the short-term and long-term trends both pointing down, as confirmed by the swing pivot trends and all major moving averages trending lower. Price is currently below the weekly and yearly session fib grid centers, reinforcing the bearish bias for these timeframes. However, the monthly session fib grid for December is showing an upward trend, with price above the monthly F0%/NTZ, suggesting some intermediate-term support or a potential for a corrective bounce. The most recent swing pivot is a low at 539.00, with the next key resistance at 562.75 and support at 539.00 and 506.00. Volatility (ATR) remains moderate, and volume is steady but not elevated. Recent trade signals have triggered long entries, indicating some attempts at a reversal or at least a short-term bounce, but the overall structure remains heavy with lower highs and lower lows dominating. The market appears to be in a corrective phase within a broader downtrend, with any rallies likely to face significant resistance at the overhead pivot and moving average levels. Consolidation or choppy action may persist unless a decisive breakout above resistance occurs.


Chart Analysis ATS AI Generated: 2025-12-03 07:23 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.