ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-May-01 07:08 CT

Price Action

• Last: 119.1094,
• Bars: Medium,
• Mom: slow.

WSFG Weekly

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

MSFG Month May

• 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: Neutral,
• 3. Pvt. Evolve: Pvt Low 111.71875,
• 4. Pvt. Next: Pvt High 115.71875,
• 5. Levels R: 176.81250, 164.84375, 159.25000, 145.81250, 133.81250,
• 6. Levels S: 111.71875, 108.53125, 106.00000.

Weekly Benchmarks

• (Short-Term) 5 Day: 113.625 Down Trend,
• (Short-Term) 10 Day: 114.59375 Down Trend,
• (Intermediate-Term) 20 Day: 114.875 Down Trend,
• (Intermediate-Term) 55 Day: 115.06250 Down Trend,
• (Long-Term) 100 Day: 115.68750 Down Trend,
• (Long-Term) 200 Day: 119.90625 Down Trend.

Overall Rating

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

Key Insights Summary

Weekly ZB is trading near 119.11 after a broad multi-year decline from the 2023-2024 distribution zones, with the current structure showing a slow momentum phase rather than an impulsive breakout. Price is sitting above the cluster of shorter benchmarks but still below the 200-day benchmark, while all benchmark slopes remain down, which keeps the larger trend structure heavy despite the recent stabilization. The swing pivot read is still in a DTrend on the short-term measure, while the HiLo trend is neutral, reflecting a market that has not yet fully reversed the longer decline and is still working through a corrective base. The current location near the yearly NTZ/f0 area suggests balance rather than directional expansion, with nearby pivot support around 111.71875, 108.53125, and 106.00000 defining the lower structure, while resistance remains layered overhead at 120.34375, 126.25000, and 133.81250. Overall, the chart shows a transition phase: short-term stabilization inside a broader bearish-to-neutral consolidation, with the long-term trend still defined by declining averages and unresolved higher-timeframe pivot recovery.