ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-May-13 07:09 CT

Price Action

• Last: 119.66484,
• Bars: Medium,
• 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: DTrend,
• 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: 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: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

ZB is trading in a broad multi-year downtrend structure with the current weekly price sitting just below the 200-day benchmark, which keeps the larger trend pressure pointed lower. The pivot sequence remains in DTrend mode, with the most recent confirmed pivot low at 111.71875 and the next opposite pivot threshold sitting at 115.71875, showing that the swing framework is still working through a lower-high / lower-low regime. Weekly and monthly session fib grids are reading neutral, which suggests the market is not in a clean expansion phase but rather in a transitional, range-to-downtrend environment. The benchmark stack is fully aligned in downtrend, with the shorter averages below the longer ones, reinforcing persistent overhead resistance. Recent price action looks like a choppy consolidation under prior resistance after a failed rebound, with the 118.68750 to 120.34375 area acting as an important reaction zone while the 111.71875 and 108.53125 levels define the lower support shelf. The broader tape remains dominated by mean-reversion swings inside a larger bearish structure, with rallies tending to stall beneath layered resistance and pullbacks finding support only after extended retracements.