ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2025-Oct-23 07:23 CT

Price Action

• Last: 125'01.063,
• 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 119.59375,
• 4. Pvt. Next: Pvt low 115.59375,
• 5. Levels R: 146.59375, 127.03125, 121.12500, 119.59375,
• 6. Levels S: 109.31250, 106.78125, 100.78125.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 117.78775 Up Trend,
• (Intermediate-Term) 10 Week: 115.84844 Up Trend,
• (Long-Term) 20 Week: 114.78906 Up Trend,
• (Long-Term) 55 Week: 118.222 Down Trend,
• (Long-Term) 100 Week: 125.01603 Down Trend,
• (Long-Term) 200 Week: 144.4375 Down Trend.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures weekly chart shows a market in transition. Price action has shifted to an average momentum with medium-sized bars, indicating a steady but not explosive move. Both short-term and intermediate-term swing pivot trends have turned upward, supported by a series of higher lows and a recent pivot high at 119.59375. The 5, 10, and 20-week moving averages are all trending up, reinforcing the bullish tone in the short to intermediate term. However, the longer-term 55, 100, and 200-week moving averages remain in a downtrend, highlighting that the broader bearish structure is still intact. Resistance levels are clustered above, with significant hurdles at 121.125, 127.03125, and 146.59375, while support is well-defined at 109.31250 and 106.78125. The price is currently trading within the yearly NTZ, suggesting a neutral bias for the long-term, but the recent upward momentum and pivot structure point to a potential continuation of the current rally in the near term. The market appears to be in a recovery phase, possibly forming a base after a prolonged decline, but faces major resistance overhead that could cap further gains unless a breakout occurs.