ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-May-08 07:08 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: 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: 113.81250 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: 115.58525 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 remains in a broadly corrective weekly structure with price sitting near the lower-to-middle portion of the current yearly range and below the cluster of declining benchmark averages. The swing pivot model stays in DTrend, while the HiLo trend is still neutral, showing that the longer swing cycle has not fully resolved into a new bullish phase. Weekly, monthly, and yearly session fib grids are all neutral, which matches a market that is rotating rather than breaking into a clean trend expansion. The benchmark stack is aligned downward across 5, 10, 20, 55, 100, and 200-day measures, reinforcing a bearish-to-late-cycle posture. Recent price behavior is consistent with a choppy consolidation under prior reaction highs, with repeated rejection zones overhead and support led by the 111.71875 to 108.53125 area. The broader read is one of persistent downtrend pressure with intermittent recovery swings that have not yet altered the dominant weekly structure.