ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-May-05 07:09 CT

Price Action

• Last: 112.09,
• Bars: Large,
• Mom: Fast.

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 112.00000,
• 4. Pvt. Next: Pvt High 113.75000,
• 5. Levels R: 145.81250, 133.81250, 132.37500, 128.56250, 127.87500,
• 6. Levels S: 112.00000, 111.71875, 110.18750, 108.53125, 106.00000.

Daily Benchmarks

• (Short-Term) 5 Day: 112.87500 Down Trend,
• (Short-Term) 10 Day: 113.40625 Down Trend,
• (Intermediate-Term) 20 Day: 113.78125 Down Trend,
• (Intermediate-Term) 55 Day: 114.28125 Down Trend,
• (Long-Term) 100 Day: 114.90625 Down Trend,
• (Long-Term) 200 Day: 115.18750 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 is still in a down-phase after the sharp March peak and subsequent selloff, with price now trading below all benchmark moving averages and remaining under the prior April/May consolidation band. Swing pivots confirm a developing downside sequence, with the current pivot trend and HiLo trend both aligned to DTrend and the next reversal reference sitting above the market at the 113.75000 pivot high. The chart shows repeated rejection near the 114-115 zone, while support has already been tested near 112.00000 and 111.71875, keeping the tape in a lower-high / lower-low framework. Momentum is fast and daily ranges are expanded, matching the elevated ATR and the heavier recent volume profile, which reflects a volatile corrective phase rather than a stable base.