ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Jan-23 07:19 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 113.87600,
• 4. Pvt. Next: Pvt High 131.42175,
• 5. Levels R: 131.42175, 126.65625, 120.75000, 115.21875,
• 6. Levels S: 113.87600, 108.93750, 106.40625.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 115.37425 Down Trend,
• (Intermediate-Term) 10 Week: 115.78425 Down Trend,
• (Long-Term) 20 Week: 116.31375 Down Trend,
• (Long-Term) 55 Week: 119.44375 Down Trend,
• (Long-Term) 100 Week: 123.06250 Down Trend,
• (Long-Term) 200 Week: 126.04125 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 exhibiting slow momentum and medium-sized bars. The short-term swing pivot trend is down, while the intermediate-term HiLo trend remains up, indicating a mixed environment with potential for both retracements and counter-trend moves. All major moving averages from 5-week to 200-week are trending down, reinforcing a bearish bias on longer timeframes. Price is trading below key resistance levels and above support, with the nearest swing low at 113.87600 and resistance at 131.42175. The neutral stance of the session fib grids across all timeframes suggests a lack of strong directional conviction, with price oscillating within established ranges. This environment is characterized by choppy, range-bound trading, with no clear breakout or breakdown, and reflects a market awaiting new catalysts or confirmation of trend continuation or reversal.