ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-May-06 07:08 CT

Price Action

• Last: 113.2100,
• 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 High 113.87500,
• 4. Pvt. Next: Pvt Low 112.12500,
• 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: 112.68750 Up Trend,
• (Short-Term) 10 Day: 113.28125 Down Trend,
• (Intermediate-Term) 20 Day: 113.75000 Down Trend,
• (Intermediate-Term) 55 Day: 114.21875 Down Trend,
• (Long-Term) 100 Day: 114.87500 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 shows a strong downside swing from the early-March peak into the April washout, followed by a rebound that is now stalling beneath clustered benchmark resistance. Price is holding above the 5-day average but remains below the 10, 20, 55, 100, and 200-day benchmarks, which keeps the broader tape biased lower despite the recent bounce. Swing pivots remain in a DTrend configuration with the next lower pivot still pointed to 112.12500, while the nearby support band around 112.00000 to 111.71875 defines the current downside structure. The chart is also showing a transition from the April recovery leg into a more compressed, choppy consolidation under the May session fib area, with momentum still active but not yet reclaiming the longer moving average stack.