ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2025-Nov-05 07:24 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: 117'14 Up Trend,
• (Intermediate-Term) 10 Week: 115'99.19 Up Trend,
• (Long-Term) 20 Week: 117'74 Up Trend,
• (Long-Term) 55 Week: 124'57.313 Down Trend,
• (Long-Term) 100 Week: 131'28.50 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. Price action has shifted to an average momentum with medium-sized bars, indicating a steady but not explosive move. Both the short-term and intermediate-term swing pivot trends have turned upward, supported by recent higher highs and higher lows, suggesting a developing bullish structure in these timeframes. The 5, 10, and 20-week moving averages are all trending up, reinforcing the short- and intermediate-term bullishness. However, the longer-term 55, 100, and 200-week moving averages remain in a downtrend, highlighting that the broader trend is still bearish and the current rally is occurring within a larger downtrend context. Price is currently testing resistance levels near 124'57, with significant overhead resistance at 127'03 and 131'28. Support is well-defined below at 115'06 and 109'31. The market is consolidating within the yearly NTZ, with no clear breakout yet, and the overall bias across the session fib grids remains neutral. This setup suggests a market in the midst of a counter-trend rally, with potential for further upside in the short to intermediate term, but facing significant resistance from the prevailing long-term downtrend.