ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Feb-01 18:21 CT

Price Action

• Last: 121’19.38,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

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

MSFG Month Feb

• 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 113’87.50,
• 4. Pvt. Next: Pvt High 119’81.87,
• 5. Levels R: 119’81.87, 119’21.87, 126’65.62, 134’21.87, 143’24.87, 146’21.87,
• 6. Levels S: 113’87.50, 108’93.75, 108’40.62, 106’40.62.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 115’34.37 Down Trend,
• (Intermediate-Term) 10 Week: 115’15.32 Down Trend,
• (Long-Term) 20 Week: 116’18.75 Down Trend,
• (Long-Term) 55 Week: 115’09.62 Down Trend,
• (Long-Term) 100 Week: 120’11.87 Down Trend,
• (Long-Term) 200 Week: 128’14.75 Down Trend.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures weekly chart reflects a market in consolidation after a prolonged downtrend. Price action is currently neutral, with medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term and intermediate-term Fib grid trends are neutral, and the price is oscillating within the NTZ (neutral zone) boundaries, suggesting indecision and range-bound trading. Swing pivots show a short-term downtrend but an intermediate-term uptrend, with the next significant resistance at 119’81.87 and support at 113’87.50. All benchmark moving averages across timeframes are trending down, reinforcing a bearish long-term outlook despite the current neutral stance in the shorter timeframes. The market appears to be in a corrective phase, with potential for further consolidation or a retest of lower support levels if momentum does not pick up. No clear breakout or reversal signals are present, and the overall structure suggests a wait-and-see environment for swing traders, with a bias toward caution given the prevailing long-term downtrend.