ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Apr-23 07:11 CT

Price Action

• Last: 113’29,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Apr

• 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: DTrend,
• 3. Pvt. Evolve: Pvt High 115’00,
• 4. Pvt. Next: Pvt Low 113’12,
• 5. Levels R: 119’18, 115’00, 113’12,
• 6. Levels S: 111’71.

Daily Benchmarks

• (Short-Term) 5 Day: 114’28 Up Trend,
• (Short-Term) 10 Day: 113’87 Up Trend,
• (Intermediate-Term) 20 Day: 113’87 Up Trend,
• (Intermediate-Term) 55 Day: 115’09 Down Trend,
• (Long-Term) 100 Day: 115’09 Down Trend,
• (Long-Term) 200 Day: 115’13 Down Trend.

Additional Metrics

• ATR: 33,
• VOLMA: 549K.

Overall Rating

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

Key Insights Summary

The ZB U.S. Treasury Bond Futures daily chart currently reflects a market in consolidation after a significant downtrend and a recent attempt at recovery. Price action is contained within a medium-range, with average momentum and no clear breakout above resistance or below support. The short-term swing pivot trend has shifted to an uptrend, but the intermediate-term HiLo trend remains down, indicating that while there is some buying interest, the broader trend is still pressured by previous selling. Key resistance levels are stacked above at 115’00 and 119’18, while support is established at 111’71. Moving averages show short-term upward momentum, but intermediate and long-term benchmarks remain in a downtrend, reinforcing the overall bearish bias for longer timeframes. Volatility is moderate, and volume is steady, suggesting a wait-and-see approach by market participants. The technical landscape points to a market in transition, with potential for further consolidation or a retest of recent lows unless a decisive move occurs.