ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-May-18 07:09 CT

Price Action

Last: 109.00,
Bars: Large,
Mom: Fast.

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 110.15625,
4. Pvt. Next: Pvt High 114.71875,
5. Levels R: 116.81250, 115.84375, 115.25000, 114.81250, 113.81250,
6. Levels S: 110.15625, 108.53125, 108.00000, 106.00000, 105.00000.

Weekly Benchmarks

(Short-Term) 5 Day: 113.18750 Down Trend,
(Short-Term) 10 Day: 113.15625 Down Trend,
(Intermediate-Term) 20 Day: 114.53125 Down Trend,
(Intermediate-Term) 55 Day: 114.78125 Down Trend,
(Long-Term) 100 Day: 115.53125 Down Trend,
(Long-Term) 200 Day: 119.53125 Down Trend.

Overall Rating

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

Key Insights Summary

Treasury Bond futures are in a clear downside swing sequence with the latest weekly bar extending the decline and printing below the clustered benchmark moving averages. The short-term pivot structure remains DTrend, and the intermediate HiLo structure is also aligned to the downside, confirming a broad bearish swing profile. Price is sitting below the 5, 10, 20, 55, 100, and 200 day benchmarks, which keeps the chart in a sustained bearish trend condition rather than a countertrend bounce setup. The current location is below the yearly and monthly equilibrium zones, with the recent rejection from higher pivot resistance reinforcing a lower-high, lower-low pattern. The dominant technical theme is trend continuation within a mature down cycle, with prior rallies failing near pivot resistance and the latest selloff pressing toward the lower support cluster around the 110.15625 and 108.53125 area.