ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Jan-20 07:21 CT

Price Action

• Last: 122.04469,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

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

MSFG Month Jan

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

YSFG Year 2026

• 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,
• 3. Pvt. Evolve: Pvt Low 114.0000,
• 4. Pvt. Next: Pvt High 117.12500,
• 5. Levels R: 131.421875, 126.65625, 120.75, 119.21875, 115.21875, 114.421875,
• 6. Levels S: 108.93750, 106.40625.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 115.3745 Down Trend,
• (Intermediate-Term) 10 Week: 115.7825 Down Trend,
• (Long-Term) 20 Week: 116.31375 Down Trend,
• (Long-Term) 55 Week: 119.91437 Down Trend,
• (Long-Term) 100 Week: 124.03125 Down Trend,
• (Long-Term) 200 Week: 126.40625 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 consolidation phase, with price action currently exhibiting slow momentum and medium-sized bars. The short-term swing pivot trend is down, indicating recent weakness, while the intermediate-term HiLo trend remains up, suggesting some underlying support from previous higher lows. All major moving averages (5, 10, 20, 55, 100, and 200 week) are trending down, reinforcing a bearish long-term structure. Price is trading below these key benchmarks, and the next significant swing pivot is a potential move toward the 117.12500 resistance. The chart is characterized by a series of lower highs and higher lows, with price oscillating within the NTZ (neutral zone) of the yearly session fib grid, reflecting indecision and a lack of clear directional conviction. Resistance levels are stacked above, while support is found at 108.93750 and 106.40625. Overall, the market is in a corrective or consolidative phase, with bearish pressure dominating the short and long-term outlooks, while the intermediate-term remains neutral as the market digests prior moves and awaits a catalyst for breakout or breakdown.