ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2025-Nov-04 07:23 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 119'59375,
• 4. Pvt. Next: Pvt Low 115'60625,
• 5. Levels R: 146'59375, 137'59375, 127'03125, 121'12500, 119'59375,
• 6. Levels S: 109'31250, 106'78125, 100'78125.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 117'09 Up Trend,
• (Intermediate-Term) 10 Week: 115'99192 Up Trend,
• (Long-Term) 20 Week: 117'09 Up Trend,
• (Long-Term) 55 Week: 124'57.313 Down Trend,
• (Long-Term) 100 Week: 131'09.938 Down Trend,
• (Long-Term) 200 Week: 146'59.375 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. Short- and intermediate-term trends have shifted bullish, as indicated by the upward swing pivot trends and rising 5- and 10-week moving averages. Price is currently trading above the 20-week benchmark, reinforcing the recent upward momentum. However, the long-term structure remains bearish, with the 55-, 100-, and 200-week moving averages all trending down and positioned well above current price levels. The price is consolidating within the yearly NTZ (neutral zone), with resistance levels overhead and support levels well defined below. This suggests a market in a corrective phase, potentially staging a counter-trend rally within a broader bearish context. Volatility appears moderate, and the market is testing key resistance levels, with the next major pivot low and high clearly marked. The overall environment is one of cautious optimism in the short to intermediate term, but the dominant long-term downtrend remains a significant headwind.