ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Feb-23 07:14 CT

Price Action

• Last: 117'18,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 118'37,
• 4. Pvt. Next: Pvt Low 116'56,
• 5. Levels R: 119'21, 118'37, 117'24,
• 6. Levels S: 116'56, 115'87, 114'96, 113'87, 113'87, 113'87, 113'87.

Daily Benchmarks

• (Short-Term) 5 Day: 117'18 Up Trend,
• (Short-Term) 10 Day: 116'87 Up Trend,
• (Intermediate-Term) 20 Day: 116'96 Up Trend,
• (Intermediate-Term) 55 Day: 116'03 Up Trend,
• (Long-Term) 100 Day: 115'96 Up Trend,
• (Long-Term) 200 Day: 114'98 Up Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures daily chart currently reflects a constructive environment for swing traders, with all major timeframes (short, intermediate, and long-term) showing bullish alignment. Price action is characterized by medium-sized bars and average momentum, suggesting steady participation without excessive volatility. The swing pivot structure confirms an uptrend, with the most recent pivot high at 118'37 and the next potential pivot low at 116'56, providing clear reference points for support and resistance. All benchmark moving averages are trending upward, reinforcing the prevailing bullish sentiment across timeframes. The ATR and volume metrics indicate moderate volatility and healthy trading activity. The market appears to be in a phase of trend continuation following a recent rally, with higher lows and higher highs evident. There is no immediate sign of reversal or exhaustion, and the neutral stance of the session fib grids suggests the market is not overextended. Overall, the technical landscape supports a bullish outlook, with the potential for further upside as long as key support levels hold.