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

Price Action

Last: 113.96875,
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: 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: 113.8125 Down Trend,
(Short-Term) 10 Day: 114.1875 Down Trend,
(Intermediate-Term) 20 Day: 114.8125 Down Trend,
(Intermediate-Term) 55 Day: 115.0000 Down Trend,
(Long-Term) 100 Day: 115.5625 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 price action remains in a bearish swing structure, with the latest push lower taking price back beneath the clustered benchmark averages and into the lower part of the current yearly session grid. The pivot map shows an established downtrend in the short term, while the broader hi/lo structure is still neutral rather than fully reversed, which reflects a market that is trending lower but still working through a larger consolidation-to-downtrend transition. Benchmark alignment is decisively negative across the 5, 10, 20, 55, 100, and 200 day lines, reinforcing a persistent downside slope in the trend stack. The key support references are the 111.71875, 108.53125, and 106.00000 pivot zones, while overhead resistance remains layered at 115.71875 and then higher historical pivot levels. Overall, the chart shows a bearish weekly tape with a countertrend bounce framework still developing underneath a larger declining trend profile.