ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Dec-08 07:18 CT

Price Action

WSFG Weekly

MSFG Month Dec

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Recent Trade Signals

Overall Rating

Key Insights Summary

The ZW Chicago SRW Wheat Futures market remains in a pronounced long-term downtrend, as evidenced by all major moving averages (20, 55, 100 week) trending lower and price trading well below these benchmarks. The yearly session fib grid (YSFG) confirms a persistent bearish bias, with price below the NTZ and a -35% reading. Intermediate-term structure is also weak, with both the 5 and 10 week MAs in downtrends and the HiLo swing trend pointing down. However, short-term action is showing some stabilization: the weekly session fib grid (WSFG) has turned up with price just above the NTZ, and recent small-bodied candles suggest slowing downside momentum. Swing pivots highlight a recent low at 506.75 and a potential next resistance at 587.25, with significant resistance overhead and support clustered near recent lows. Recent trade signals reflect mixed short-term direction, with both long and short entries triggered in early December, indicating choppy, indecisive price action. Overall, the market is consolidating near multi-year lows, with short-term neutral, but intermediate and long-term trends remain bearish. Traders are likely watching for either a sustained bounce above resistance to signal a reversal, or a breakdown below support to continue the prevailing downtrend.


Chart Analysis ATS AI Generated: 2025-12-08 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.