ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-May-05 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 117.71875,
• 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: 113.8125 Down Trend,
• (Short-Term) 10 Day: 114.1875 Down Trend,
• (Intermediate-Term) 20 Day: 114.8125 Down Trend,
• (Intermediate-Term) 55 Day: 115 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

Weekly ZB remains in a broad corrective structure with a slow momentum profile and price sitting near the upper portion of the lower-year value area rather than in a clear expansion phase. The swing pivot structure is still pointed down, with lower highs and lower lows defining the larger tape, while the current price is trading below the 200-day benchmark and under the cluster of major moving averages, reinforcing the heavier tone. The session Fib grids read neutral at the weekly, monthly, and yearly levels, which suggests balance rather than a clean breakout, but the pivot and benchmark alignment keeps the trend bias tilted lower. Price is working inside a wider range carved by prior swing highs and lows, with recent action showing consolidation after prior selloff legs and only limited recovery strength. The larger pattern is still one of choppy mean reversion inside a bearish long-term framework, with rallies tending to stall beneath overhead pivot resistance and rebounds failing to convert into sustained trend improvement.