ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2025-Oct-21 07:21 CT

Price Action

Last: 118’31,
Bars: Medium,
Mom: Momentum average.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Oct

Intermediate-Term
MSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
MSFG Trend: Neutral.

YSFG Year 2025

Long-Term
YSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
YSFG Trend: Neutral.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt high 118’31,
4. Pvt. Next: Pvt low 116’29,
5. Levels R: 118’31, 117’29, 117’16,
6. Levels S: 116’29, 115’23, 113’03, 110’31, 109’31.

Daily Benchmarks

(Short-Term) 5 Day: 117’29 Up Trend,
(Short-Term) 10 Day: 116’29 Up Trend,
(Intermediate-Term) 20 Day: 117’23 Up Trend,
(Intermediate-Term) 55 Day: 116’28 Up Trend,
(Long-Term) 100 Day: 114’25 Up Trend,
(Long-Term) 200 Day: 114’16 Down Trend.

Additional Metrics

ATR: 35,
VOLMA: 450837.

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Bullish,
Long-Term: Neutral.

Key Insights Summary

The ZB U.S. Treasury Bond Futures daily chart shows a strong upward swing in both short- and intermediate-term trends, as indicated by the current pivot high and a series of higher highs and higher lows. All key moving averages up to the 100-day are trending upward, reinforcing the bullish momentum, while the 200-day remains in a downtrend, suggesting the longer-term trend is still neutral and has not fully reversed. Price is currently testing a resistance cluster near 118’31, with support levels well below, indicating a potential area for consolidation or a pullback if resistance holds. Volatility (ATR) and volume (VOLMA) are moderate, supporting the current trend without signs of exhaustion. The overall structure suggests a market in a bullish swing phase, but with the long-term trend yet to confirm a full reversal, the environment remains constructive for swing trading within the prevailing uptrend.