ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2025-Nov-03 07:17 CT

Price Action

• Last: 124'57.313,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Nov

• 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 119'59.375,
• 4. Pvt. Next: Pvt Low 115'06.625,
• 5. Levels R: 146'59.375, 137'03.125, 127'03.125, 121'12.500, 119'59.375,
• 6. Levels S: 109'31.250, 106'78.125, 100'78.125.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 117'05 Up Trend,
• (Intermediate-Term) 10 Week: 115'99.125 Up Trend,
• (Long-Term) 20 Week: 117'05 Up Trend,
• (Long-Term) 55 Week: 124'57.313 Down Trend,
• (Long-Term) 100 Week: 146'59.375 Down Trend,
• (Long-Term) 200 Week: 160'03.125 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 phase with medium-sized bars, indicating a move away from the previous high volatility. Both short-term and intermediate-term swing pivot trends are up, supported by recent higher lows and a series of upward pivots. 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 persistent overhead resistance and the legacy of the broader bearish cycle. Price is currently trading above key short-term support levels but remains well below major resistance levels from previous years. The neutral bias in the session fib grids (WSFG, MSFG, YSFG) suggests consolidation within a broader range, with no clear breakout yet. The market appears to be in a recovery or counter-trend rally phase, with potential for further upside in the short to intermediate term, but significant long-term resistance remains overhead. This environment is characterized by choppy, range-bound action with the potential for volatility spikes as price approaches major resistance or support levels.