ZW Chicago SRW Wheat Futures Daily Chart Analysis: 2025-Dec-21 18:12 CT

Price Action

• Last: 509.50,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -116%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Dec

• Intermediate-Term
• MSFG Current: -75%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2025

• Long-Term
• YSFG Current: -45%
• 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 Low 504.00,
• 4. Pvt. Next: Pvt High 567.14,
• 5. Levels R: 567.14, 563.25, 558.75, 551.25,
• 6. Levels S: 504.00, 500.00.

Daily Benchmarks

• (Short-Term) 5 Day: 514.75 Down Trend,
• (Short-Term) 10 Day: 524.25 Down Trend,
• (Intermediate-Term) 20 Day: 531.48 Down Trend,
• (Intermediate-Term) 55 Day: 536.79 Down Trend,
• (Long-Term) 100 Day: 553.15 Down Trend,
• (Long-Term) 200 Day: 578.06 Down Trend.

Additional Metrics

• ATR: 51,
• VOLMA: 77,996.

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures daily chart is exhibiting a clear bearish structure across all timeframes. Price is trading well below all major moving averages, with each benchmark MA trending down, confirming persistent downside momentum. The most recent swing pivot is a new low at 504.00, with the next potential reversal only above 567.14, indicating significant overhead resistance. Both the weekly and monthly session fib grids show price below their respective NTZ zones, reinforcing the dominant downtrend. Volatility, as measured by ATR, remains elevated, and volume is steady but not spiking, suggesting orderly but persistent selling rather than panic. The market is in a pronounced downtrend, with no immediate technical signs of reversal or stabilization. This environment is characterized by lower highs and lower lows, with any rallies so far being sold into. The overall technical landscape points to continued bearish pressure unless a significant catalyst emerges to shift sentiment or break the current trend structure.