ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jan-23 07:19 CT

Price Action

• Last: 115'17,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 115.0625,
• 4. Pvt. Next: Pvt low 113.6875,
• 5. Levels R: 116.59375, 117.96875, 119.21875,
• 6. Levels S: 115.0625, 113.875, 112.65625.

Daily Benchmarks

• (Short-Term) 5 Day: 115.21875 Up Trend,
• (Short-Term) 10 Day: 115.53125 Up Trend,
• (Intermediate-Term) 20 Day: 115.81797 Up Trend,
• (Intermediate-Term) 55 Day: 116.31788 Down Trend,
• (Long-Term) 100 Day: 116.6241 Down Trend,
• (Long-Term) 200 Day: 114.75406 Up Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures daily chart currently reflects a transitionary phase with bullish momentum in the short and intermediate terms, as indicated by the upward trends in the 5, 10, and 20-day moving averages and the UTrend status in both short-term and intermediate-term swing pivots. Price is consolidating above key support at 115.0625, with resistance levels at 116.59375 and higher. The 55 and 100-day moving averages remain in a downtrend, suggesting that the longer-term trend is still neutral and has not yet confirmed a full reversal. Volatility, as measured by ATR, is moderate, and volume is steady, indicating a balanced market environment. The neutral bias across the session fib grids (weekly, monthly, yearly) further supports the view of consolidation rather than a clear breakout or breakdown. Overall, the market is showing signs of a potential recovery or bounce from recent lows, but confirmation from longer-term metrics is still pending. Swing traders should note the potential for further upside if resistance levels are breached, while also being mindful of the broader neutral context.