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

Price Action

• Last: 119.66484,
• Bars: Large,
• Mom: average.

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 Up Trend,
• (Short-Term) 10 Day: 113.71875 Down Trend,
• (Intermediate-Term) 20 Day: 114.75000 Down Trend,
• (Intermediate-Term) 55 Day: 114.93750 Down Trend,
• (Long-Term) 100 Day: 115.62500 Down Trend,
• (Long-Term) 200 Day: 119.65625 Down Trend.

Overall Rating

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

Key Insights Summary

The weekly bond contract is trading near the upper end of a broad multi-year range, but the pivot structure remains in a declining sequence and the benchmark averages are still aligned in a bearish stack. Price is pressing back above the short-term benchmark cluster, which keeps the weekly tape from being outright weak, yet the larger swing framework still shows a downtrend with lower pivot highs and lower pivot lows dominating the intermediate and long-term picture. The 2025 and 2026 swing zones appear as consolidation shelves after repeated rejection from higher resistance bands, while the recent rebound has lifted price back toward the mid-116 to 120 area. Overall, the chart reflects a corrective rally inside a larger down-sloping weekly cycle, with momentum improving from the lows but not yet reversing the broader bearish structure.