ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-May-13 07:08 CT

Price Action

• Last: 112'09,
• Bars: Small,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt Low 112.15825,
• 4. Pvt. Next: Pvt High 113.96875,
• 5. Levels R: 145.81250, 133.81250, 132.37500, 128.58250, 127.87500,
• 6. Levels S: 112.15825, 112.00000, 111.71875, 110.18750, 108.53125.

Daily Benchmarks

• (Short-Term) 5 Day: 113.12500 Down Trend,
• (Short-Term) 10 Day: 112.90625 Down Trend,
• (Intermediate-Term) 20 Day: 113.50000 Down Trend,
• (Intermediate-Term) 55 Day: 114.03125 Down Trend,
• (Long-Term) 100 Day: 114.78125 Down Trend,
• (Long-Term) 200 Day: 115.21875 Down Trend.

Additional Metrics

• ATR: 29,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Bond futures are in a persistent downtrend structure with price pressing under all benchmark moving averages and the swing pivot model still aligned to the downside. The latest daily action shows a small-bar, slower-momentum decline following rejection from the mid-April to early-May recovery zone, leaving the market back near the lower end of the recent swing range. The current setup reflects a bearish continuation profile with repeated lower highs, failed rebounds, and price trading beneath the 20-, 55-, 100-, and 200-day benchmarks. The pivot map shows the active short-term trend remains DTrend, while the intermediate-term hi/lo structure also remains DTrend, reinforcing a broader corrective to bearish cycle rather than a stable consolidation. Volume activity is moderate and ATR is contained, which fits a market that is still trending lower but doing so without a sharp volatility expansion.