ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-May-11 07:09 CT

Price Action

• Last: 115.21109,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 114.12500,
• 4. Pvt. Next: Pvt Low 112.37500,
• 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: 113.03125 Up Trend,
• (Short-Term) 10 Day: 110.09375 Up Trend,
• (Intermediate-Term) 20 Day: 113.65625 Down Trend,
• (Intermediate-Term) 55 Day: 114.12500 Down Trend,
• (Long-Term) 100 Day: 114.84375 Down Trend,
• (Long-Term) 200 Day: 115.21875 Down Trend.

Additional Metrics

• ATR: 29,
• VOLMA: 506837.

Overall Rating

• Short-Term: Neutral,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

Bond futures are in a broader corrective phase with the daily structure still capped by declining intermediate and long-term benchmarks, even though the short-term swing pivot remains in an UTrend. Price is trading back above the 5-day and 10-day averages but remains below the 20, 55, 100, and 200-day benchmarks, which keeps the higher-timeframe tone tilted lower. The pivot map shows overhead resistance stacked well above current trade, while support is layered just beneath the market near the 112 area and then lower into the 111s and 110s. Recent action reflects a rebound from the May low into a zone of overhead supply and prior congestion, suggesting a transition from selloff to basing, but not yet a confirmed recovery. Volume participation remains moderate and ATR is subdued relative to the prior swing expansion, pointing to a choppy consolidation environment rather than a clean trend impulse.