The ZB U.S. Treasury Bond Futures weekly chart shows a market in transition. Price action has recently shifted to an uptrend in the short-term, as indicated by the swing pivot trend and a series of higher lows and higher highs. The current price is above the 20-week moving average, which is trending up, but remains below the longer-term 55, 100, and 200-week moving averages, all of which are still in downtrends, reflecting persistent long-term bearishness. The Neutral bias across the Weekly, Monthly, and Yearly Session Fib Grids (WSFG, MSFG, YSFG) suggests a lack of strong directional conviction, with price consolidating within the NTZ (neutral trading zone) and not breaking out decisively. Resistance levels are stacked above, with the nearest at 121'12.5 and 127'03.125, while support is found at 115'99.125 and further below at 109'31.25. The intermediate-term HiLo trend is showing some upward momentum, but the overall structure remains mixed. Recent price action reflects a recovery from prior lows, but the market is still contending with overhead resistance and the weight of the long-term downtrend. This environment is typical of a market in a corrective phase or early-stage reversal, with potential for further consolidation or choppy trading as participants await clearer macroeconomic signals or policy developments. Volatility may persist as the market tests key resistance and support levels, with the potential for breakout or rejection patterns to emerge.