UB Ultra U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Jan-23 07:17 CT

Price Action

• Last: 118'19 (approx. 118.59),
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -16%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 22%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 0%
• 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 118'19,
• 4. Pvt. Next: Pvt high 122'26,
• 5. Levels R: 124'03, 127'21, 137'21, 151'16,
• 6. Levels S: 111'18.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 119'09 Down Trend,
• (Intermediate-Term) 10 Week: 119'17 Down Trend,
• (Long-Term) 20 Week: 119'25 Down Trend,
• (Long-Term) 55 Week: 123'24 Down Trend,
• (Long-Term) 100 Week: 129'24 Down Trend,
• (Long-Term) 200 Week: 133'00 Down Trend.

Recent Trade Signals

• 23 Jan 2026: Long UB 03-26 @ 118.15625 Signals.USAR-MSFG
• 21 Jan 2026: Short UB 03-26 @ 116.8125 Signals.USAR.TR720
• 19 Jan 2026: Short UB 03-26 @ 117.84375 Signals.USAR-WSFG
• 16 Jan 2026: Short UB 03-26 @ 118.0625 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The UB Ultra U.S. Treasury Bond Futures weekly chart reflects a market in transition. Short-term momentum is slow and the price is trading below the weekly session fib grid (WSFG) neutral zone, with a clear downtrend in the short-term swing pivots and all short-term benchmarks pointing lower. This is reinforced by recent short-term sell signals and the price sitting just above a key support at 111'18. However, the intermediate-term picture is more constructive, with the monthly session fib grid (MSFG) showing an uptrend and the HiLo trend also up, supported by a recent long signal. The next pivot high at 122'26 and resistance at 124'03 are key levels to watch for any upside follow-through. Long-term, the trend remains bearish, with all major moving averages sloping down and price well below the 200-week benchmark. The market appears to be consolidating within a broad range, with potential for countertrend rallies but an overall bias that remains cautious until a decisive breakout above resistance or breakdown below support occurs. Volatility and choppy price action are likely as the market tests these key levels.