ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-May-04 07:09 CT

Price Action

Last: 119.78047,
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: DTrend,
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: 113.81250 Down Trend,
(Short-Term) 10 Day: 114.18750 Down Trend,
(Intermediate-Term) 20 Day: 114.81250 Down Trend,
(Intermediate-Term) 55 Day: 115.00000 Down Trend,
(Long-Term) 100 Day: 115.65625 Down Trend,
(Long-Term) 200 Day: 119.78125 Down Trend.

Overall Rating

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

Key Insights Summary

ZB is trading in a broader bearish weekly structure, with the latest price sitting near the 200-day benchmark and below the 5 through 100 day moving averages. The pivot framework remains in DTrend, and the active swing map shows a lower-high / lower-low rhythm rather than a sustained upside reversal. The weekly, monthly, and yearly session fib grids are all treated as neutral at the current location, which fits a market that is more in a transition or consolidation zone than in a clean expansion phase. The chart still reflects repeated swing rotations between elevated resistance bands and lower support shelves, with the recent action showing a loss of upside follow-through after the latest rally attempt. From a swing trader’s perspective, the dominant theme is still a downward-to-lateral market regime with rebounds meeting overhead supply and longer-term benchmarks continuing to slope lower.