The ZB U.S. Treasury Bond Futures weekly chart shows a market in transition. Price action is currently in a medium range with average momentum, suggesting neither strong buying nor selling pressure dominates. The short-term trend is neutral, as indicated by the WSFG and the current price position within the NTZ (neutral zone). Intermediate-term signals are more constructive, with the HiLo trend showing an uptrend and all short/intermediate moving averages (5, 10, 20 week) trending higher, reflecting recent upward price action and a series of higher lows. However, the long-term picture remains bearish, with the 55, 100, and 200 week moving averages all in downtrends and well above current price, highlighting persistent overhead resistance and the legacy of the prior downtrend. Key resistance levels are clustered above, notably at 119.22, 120.75, and 126.65, while support is found at 114.53 and lower at 108.93 and 106.40. The market is consolidating within a broad range, with recent price action testing both support and resistance, and no clear breakout yet. This environment reflects a market digesting prior volatility, with potential for further range-bound trading unless a decisive move occurs. The overall structure suggests swing traders should remain attentive to potential reversals at key levels, as the market balances between recovery attempts and the weight of longer-term bearish trends.