ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2025-Nov-20 07:22 CT

Price Action

• Last: 124.1769,
• 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 110.78125,
• 5. Levels R: 146.59375, 134.69375, 127.03125, 121.12500,
• 6. Levels S: 109.31250, 106.78125, 100.78125.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 117.43125 Up Trend,
• (Intermediate-Term) 10 Week: 116.115 Up Trend,
• (Long-Term) 20 Week: 116.715 Up Trend,
• (Long-Term) 55 Week: 117.43125 Down Trend,
• (Long-Term) 100 Week: 124.1769 Down Trend,
• (Long-Term) 200 Week: 137.5 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 to bullish, as indicated by the upward swing pivot trends and rising 5-, 10-, and 20-week moving averages. Price has recently moved above key intermediate resistance levels, suggesting a recovery from prior lows and a potential for further upside in the near term. However, the long-term picture remains bearish, with the 55-, 100-, and 200-week moving averages still trending down and well above current price, highlighting the broader downtrend that has dominated since 2022. The price is currently trading within a neutral zone (NTZ) on the yearly session fib grid, with no clear breakout above major resistance or below major support. This suggests a period of consolidation or base-building, with volatility likely as the market tests both higher resistance and lower support levels. Swing traders should note the potential for continued short-term rallies, but the overarching long-term downtrend and overhead resistance levels may limit sustained upside until a decisive breakout occurs.