ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Jan-21 07:22 CT

Price Action

• Last: 114'11,
• 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 113.87500,
• 4. Pvt. Next: Pvt High 119.21875,
• 5. Levels R: 119.21875, 120.75000, 126.65625, 131.421875, 134.21875, 146.21875, 177.00000,
• 6. Levels S: 113.87500, 108.93750, 106.40625.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 115.3475 Down Trend,
• (Intermediate-Term) 10 Week: 115.8125 Down Trend,
• (Long-Term) 20 Week: 116.31375 Down Trend,
• (Long-Term) 55 Week: 119.49175 Down Trend,
• (Long-Term) 100 Week: 122.04469 Down Trend,
• (Long-Term) 200 Week: 126.03125 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 shows a market in a broad consolidation phase, with price action currently near the lower end of the recent range. The short-term swing pivot trend is down, and all benchmark moving averages from 5-week to 200-week are in a downtrend, reinforcing a bearish long-term structure. However, the intermediate-term HiLo trend remains up, suggesting some resilience and potential for countertrend rallies within the broader downtrend. Key resistance levels are clustered above, with the nearest at 119.21875, while support is established at 113.87500 and lower at 108.93750. Momentum is slow, and price is trading below all major moving averages, indicating a lack of strong buying interest. The overall environment is characterized by choppy, range-bound action with a bearish bias dominating both short- and long-term outlooks, while the intermediate-term remains neutral as the market digests prior moves and awaits a catalyst for directional conviction.