ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2025-Dec-21 18:13 CT

Price Action

• Last: 538.66,
• Bars: Small,
• 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 642.50,
• 5. Levels R: 850.75, 820.55, 735.25, 688.90, 639.26, 586.78,
• 6. Levels S: 506.00.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 536.76 Down Trend,
• (Intermediate-Term) 10 Week: 538.66 Down Trend,
• (Long-Term) 20 Week: 586.78 Down Trend,
• (Long-Term) 55 Week: 639.26 Down Trend,
• (Long-Term) 100 Week: 820.55 Down Trend,
• (Long-Term) 200 Week: 1204.20 Down Trend.

Overall Rating

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

Key Insights Summary

The ZW Chicago SRW Wheat Futures weekly chart continues to reflect a persistent bearish environment across all timeframes. Price action remains subdued, with small bars and slow momentum, indicating a lack of strong buying interest or volatility. All major Fibonacci grid trends (weekly, monthly, yearly) are firmly down, with price trading well below the NTZ/F0% levels, reinforcing the prevailing downward bias. Swing pivot analysis shows both short-term and intermediate-term trends are in decline, with the most recent pivot low at 504.00 and the next significant resistance at 642.50. Multiple resistance levels are stacked above current price, while support is thin, with the nearest at 506.00. All benchmark moving averages from short to long term are trending down, confirming the entrenched bearish structure. The chart suggests ongoing pressure from supply, with no technical evidence yet of a reversal or significant bounce. The market appears to be in a prolonged downtrend, with lower highs and lower lows dominating the structure, and any rallies so far have failed to break key resistance levels.