ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2025-Nov-21 07:24 CT

Price Action

• Last: 117'08,
• 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 2,
• (Intermediate-Term) 2. HiLo Trend: Hi2 UTrend Lo2 Neutral UTrend 2,
• 3. Pvt. Evolve: Pvt High 119.69375,
• 4. Pvt. Next: Pvt low 115.78125,
• 5. Levels R: 127.03125, 125.68260, 121.12500, 119.69375, 118.03125, 116.59375, 114.56250,
• 6. Levels S: 109.31250, 106.78125.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: [Not shown] [NA],
• (Intermediate-Term) 10 Week: [Not shown] [NA],
• (Long-Term) 20 Week: 116.04694 Up Trend,
• (Long-Term) 55 Week: 119.00920 Down Trend,
• (Long-Term) 100 Week: 124.17609 Down Trend,
• (Long-Term) 200 Week: 134.59375 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 recent recovery from a major swing low at 109.31250, with price action now above the 20-week moving average, indicating renewed upward momentum in the short and intermediate term. The swing pivot structure has shifted to an uptrend, with the most recent pivot high at 119.69375 and the next key support at 115.78125. However, the long-term trend remains bearish, as the 55, 100, and 200-week moving averages are all trending down and positioned well above current price, suggesting significant overhead resistance. The price is currently trading within a neutral NTZ zone, with no clear breakout above major resistance levels. The market appears to be in a corrective phase within a broader downtrend, with potential for further upside retracement but facing strong resistance at higher levels. Volatility has moderated, and the chart structure suggests a possible consolidation or base-building phase before the next directional move.