The ZB U.S. Treasury Bond Futures weekly chart shows a market in transition, with recent price action reflecting a medium bar size and average momentum. Both short-term and intermediate-term swing pivot trends are upward, supported by a series of higher lows and a recent pivot high at 119.59375. The price is currently above key intermediate and long-term moving averages (5, 10, 20, and 55 week), all of which are trending up, indicating underlying strength. However, the 100 and 200 week moving averages remain in a downtrend, suggesting that the longer-term bearish structure has not fully reversed. Resistance levels are clustered above at 121.12500, 127.03125, and higher, while support is well-defined below at 115.00025 and 109.31250. The price is trading within the yearly NTZ (neutral zone), and all session fib grid trends (weekly, monthly, yearly) are neutral, indicating a lack of strong directional conviction at this higher timeframe. Overall, the chart reflects a bullish bias in the short and intermediate term, with the potential for further upside if resistance levels are breached. However, the long-term trend remains neutral as the market consolidates below major resistance and long-term moving averages. The current environment suggests a phase of recovery and consolidation, with the potential for trend continuation if momentum persists and key resistance levels are overcome.