UB Ultra U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Apr-28 07:08 CT

Price Action

• Last: 115'16,
• Bars: Large,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Apr

• Intermediate-Term
• MSFG Current: -23%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -6%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 114.59375,
• 4. Pvt. Next: Pvt High 119.53125,
• 5. Levels R: 232.62500, 212.18750, 168.00000, 152.06250, 151.78125,
• 6. Levels S: 114.59375, 111.21875.

Weekly Benchmarks

• (Short-Term) 5 Day: 116.15625 Up Trend,
• (Short-Term) 10 Day: 117.3125 Down Trend,
• (Intermediate-Term) 20 Day: 117.53125 Down Trend,
• (Intermediate-Term) 55 Day: 118.71875 Down Trend,
• (Long-Term) 100 Day: 120.84375 Down Trend,
• (Long-Term) 200 Day: 128.1875 Down Trend.

Recent Trade Signals

• 28 Apr 2026: Short UB 06-26 @ 115.5625 Signals.USAR-MSFG
• 23 Apr 2026: Short UB 06-26 @ 116.1875 Signals.USAR-WSFG
• 23 Apr 2026: Short UB 06-26 @ 116.375 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Bond futures remain in a broad bearish swing structure with price sitting below the weekly, monthly, and yearly F0%/NTZ midlines, confirming downside control across all major timeframes. The chart shows a sequence of lower highs and lower lows, with the swing pivot trend and hi/lo trend both in downtrend mode and the next pivot objective still framed as a high after the latest low near 114.59375. Price is trading under the 10, 20, 55, 100, and 200-day benchmarks, while only the 5-day benchmark is holding above the market, reflecting a short-lived bounce inside a larger downtrend. The recent short signals across WSFG, MSFG, and TR120 align with the prevailing bearish cycle, and the weekly structure appears to be consolidating near the lower band after a larger decline from the prior 2024-2025 pivot highs. The broader tape is still characterized by corrective rebounds that fail beneath descending moving averages and pivot resistance, keeping the long-term tone weak and the intermediate-term tone aligned with the downside trend.