ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Apr-29 07:09 CT

Price Action

Last: 114.00781,
Bars: Medium,
Mom: slow.

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: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt Low 113.06250,
4. Pvt. Next: Pvt High 114.81250,
5. Levels R: 145.81250, 133.81250, 132.37500, 128.56250, 127.87500,
6. Levels S: 113.06250, 111.71875, 110.18750, 108.53125, 107.06250.

Daily Benchmarks

(Short-Term) 5 Day: 113.84375 Down Trend,
(Short-Term) 10 Day: 114.06250 Down Trend,
(Intermediate-Term) 20 Day: 114.00000 Down Trend,
(Intermediate-Term) 55 Day: 114.53125 Down Trend,
(Long-Term) 100 Day: 115.00000 Down Trend,
(Long-Term) 200 Day: 115.15625 Down Trend.

Additional Metrics

ATR: 35,
VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily structure remains in a corrective-to-distribution phase after the sharp March rally and subsequent reversal, with price trading below the 5, 10, 20, 55, 100, and 200 day benchmarks. The swing pivot model is in DTrend on both the short-term pivot and the hi/lo pivot structure, while the April MSFG area is being tested from below and the broader monthly/weekly fib context is still neutral on the chart read. The recent candles show a contraction from the early-April rebound into a lower-range consolidation near the 113 handle, with repeated rejection around the 114.00 to 114.50 area and support rebuilding near the 113.06 pivot zone. Volatility is elevated but not explosive, and the overall tape reflects a bearish swing backdrop with a choppy consolidation inside a larger downsloping benchmark framework.