ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Feb-03 07:22 CT

Price Action

• Last: 114'15,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt Low 114.21875,
• 4. Pvt. Next: Pvt High 116.03125,
• 5. Levels R: 119.21875, 117.96875, 116.59375, 116.03125,
• 6. Levels S: 113.875, 113.5, 112.9375.

Daily Benchmarks

• (Short-Term) 5 Day: 115.125 Down Trend,
• (Short-Term) 10 Day: 115.125 Down Trend,
• (Intermediate-Term) 20 Day: 115.41094 Down Trend,
• (Intermediate-Term) 55 Day: 115.66797 Down Trend,
• (Long-Term) 100 Day: 116.3489 Down Trend,
• (Long-Term) 200 Day: 115.4045 Down Trend.

Additional Metrics

• ATR:35,
• VOLMA:494K.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures daily chart reflects a persistent bearish environment across all timeframes. Price action is characterized by medium-sized bars and slow momentum, indicating a lack of strong directional conviction but a steady downward drift. Both the short-term and intermediate-term swing pivot trends are in decline, with the most recent pivot evolving at a new low (114.21875) and the next potential reversal only above 116.03125. All benchmark moving averages (from 5-day to 200-day) are trending down, reinforcing the prevailing downside bias. The ATR remains moderate, suggesting contained but steady volatility, while volume metrics are stable. The market is consolidating near support levels, with resistance stacked above, and no clear signs of reversal or breakout. The overall technical structure points to continued pressure on the downside, with the market respecting lower highs and lower lows, and no significant bullish catalysts evident in the current setup.