ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Mar-23 07:12 CT

Price Action

Last: 112’14,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Mar

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 112’14,
4. Pvt. Next: Pvt high 115’09,
5. Levels R: 119’18, 117’22, 115’09,
6. Levels S: 112’14.

Daily Benchmarks

(Short-Term) 5 Day: 114’09 Down Trend,
(Short-Term) 10 Day: 114’06 Down Trend,
(Intermediate-Term) 20 Day: 115’39 Down Trend,
(Intermediate-Term) 55 Day: 115’75 Down Trend,
(Long-Term) 100 Day: 115’93 Down Trend,
(Long-Term) 200 Day: 115’00 Down Trend.

Additional Metrics

ATR: 34,
VOLMA: 593K.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures daily chart is showing pronounced bearish momentum across all timeframes. The most recent price action features large, fast-moving bars to the downside, confirming strong selling pressure. All benchmark moving averages (from short to long-term) are trending down, reinforcing the prevailing downtrend. Swing pivot analysis highlights a dominant downtrend, with the latest pivot low established at 112’14 and the next potential reversal only above 115’09. Resistance levels are stacked well above current price, while support is limited to the recent low, suggesting little cushion below. Volatility is elevated (ATR 34), and volume is robust, indicating active participation in the selloff. The market has broken decisively below the monthly and weekly neutral zones, with no immediate signs of reversal or consolidation. Overall, the technical landscape is firmly bearish, with momentum, trend, and structure all aligned to the downside.