ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2025-Dec-23 07:19 CT

Price Action

• Last: 115'13,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Dec

• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend, UTrend, UTrend, UTrend,
• 3. Pvt. Evolve: Pvt Low 114.03125,
• 4. Pvt. Next: Pvt High 117.00625,
• 5. Levels R: 146.21875, 134.21875, 126.65625, 120.75000, 119.21875, 117.00625,
• 6. Levels S: 114.03125, 108.93750, 108.40625, 106.40625.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 115.96875 Down Trend,
• (Intermediate-Term) 10 Week: 116.03125 Down Trend,
• (Long-Term) 20 Week: 116.45750 Down Trend,
• (Long-Term) 55 Week: 119.18750 Down Trend,
• (Long-Term) 100 Week: 122.8125 Down Trend,
• (Long-Term) 200 Week: 134.4375 Down Trend.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Bearish.

Key Insights Summary

The ZB U.S. Treasury Bond Futures weekly chart reflects a market in a broad, long-term downtrend, as confirmed by all major moving averages (20, 55, 100, and 200 week) trending lower and positioned above current price. Short-term momentum is slow, with price action showing medium-sized bars and a recent swing pivot low at 114.03125. The short-term swing pivot trend is down, but the intermediate-term HiLo trend remains up, indicating some resilience and potential for countertrend rallies. Price is currently trading within a neutral zone (NTZ) on the session fib grids, with no clear directional bias from the WSFG, MSFG, or YSFG. Resistance levels are stacked above, with the nearest at 117.00625 and 119.21875, while support is found at 114.03125 and lower at 108.93750. The overall structure suggests ongoing consolidation within a larger bearish context, with the market struggling to break above key resistance and moving averages. This environment is characterized by choppy, range-bound price action, with the potential for further tests of support if downward momentum resumes. No strong breakout or reversal signals are present, and the market remains sensitive to macroeconomic developments and interest rate expectations.