FGBL Euro-Bund Futures Daily Chart Analysis: 2026-May-18 07:03 CT

Price Action

Last: 123.74,
Bars: Large,
Mom: Slow.

WSFG Weekly

Short-Term
WSFG Current: 20%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: -42%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -18%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: Neutral,
3. Pvt. Evolve: Pvt Low 123.74,
4. Pvt. Next: Pvt High 125.00,
5. Levels R: 138.10, 137.47, 135.06, 134.32, 130.87,
6. Levels S: 123.74.

Daily Benchmarks

(Short-Term) 5 Day: 124.84 Down Trend,
(Short-Term) 10 Day: 125.14 Down Trend,
(Intermediate-Term) 20 Day: 125.33 Down Trend,
(Intermediate-Term) 55 Day: 125.78 Down Trend,
(Long-Term) 100 Day: 126.47 Down Trend,
(Long-Term) 200 Day: 127.23 Down Trend.

Additional Metrics

ATR: 65,
VOLMA: 1114077.

Recent Trade Signals

18 May 2026: Long FGBL 06-26 @ 124.15 Signals.USAR-WSFG
15 May 2026: Short FGBL 06-26 @ 124.72 Signals.USAR.TR120
15 May 2026: Short FGBL 06-26 @ 124.72 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Price is pressing into fresh swing lows with a large downside candle and slow downside momentum, keeping the daily structure under pressure. The weekly session grid remains positive versus its F0% center, but the monthly and yearly grids are both negative and aligned with the broader downtrend. All benchmark moving averages are stacked above price and sloping down, confirming a broad bearish bias across short, intermediate, and long horizons. Swing pivot structure has rolled into a lower low sequence, with resistance layered overhead and only the latest low acting as nearby support. Overall, the chart reflects a dominant downside cycle with failed recovery attempts, lower highs, and continued trend extension beneath the major averages.