ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Feb-06 07:24 CT

Price Action

• Last: 121’19.84,
• 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-1,
• (Intermediate-Term) 2. HiLo Trend: UTrend-2, UTrend-4,
• 3. Pvt. Evolve: Pvt Low 113.87500,
• 4. Pvt. Next: Pvt High 126.65625,
• 5. Levels R: 146.21875, 134.21875, 126.65625, 120.75000, 119.21875,
• 6. Levels S: 108.93750, 106.40625.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 115.34375 Down Trend,
• (Intermediate-Term) 10 Week: 115.15312 Down Trend,
• (Long-Term) 20 Week: 116.21875 Up Trend,
• (Long-Term) 55 Week: 115.96875 Up Trend,
• (Long-Term) 100 Week: 120.1875 Down Trend,
• (Long-Term) 200 Week: 128.71875 Down Trend.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures weekly chart reflects a market in transition, with mixed signals across timeframes. Short-term momentum is slow and the prevailing swing pivot trend is down, supported by both the 5- and 10-week moving averages trending lower. However, intermediate-term swing pivots show an uptrend, and the 20- and 55-week moving averages are in uptrends, suggesting a possible recovery phase or a countertrend rally within a broader bearish context. Long-term structure remains bearish, with the 100- and 200-week moving averages sloping down and significant resistance levels overhead. Price is currently consolidating near the lower end of the yearly NTZ, with support at 108.93750 and 106.40625, and resistance at 120.75000 and 126.65625. The market appears to be in a corrective phase, with potential for further choppy or range-bound action as it tests key support and resistance levels. No clear breakout or breakdown is evident, and the overall environment is characterized by indecision and overlapping trends.