FGBL Euro-Bund Futures Daily Chart Analysis: 2026-May-19 07:04 CT

Price Action

Last: 124.32,
Bars: Large,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: 15%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: -45%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -19%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
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: 124.62 Down Trend,
(Short-Term) 10 Day: 125.06 Down Trend,
(Intermediate-Term) 20 Day: 125.23 Down Trend,
(Intermediate-Term) 55 Day: 125.73 Down Trend,
(Long-Term) 100 Day: 126.45 Down Trend,
(Long-Term) 200 Day: 127.21 Down Trend.

Additional Metrics

ATR: 65,
VOLMA: 1114077.

Recent Trade Signals

18 May 2026: Long FGBL 06-26 @ 124.32 Signals.USAR.TR120
18 May 2026: Long FGBL 06-26 @ 124.19 Signals.USAR-WSFG
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

The daily structure is still dominated by a broad downswing, with price trading below all benchmark moving averages and the pivot framework printing a clear DTrend profile. The recent rebound into the mid-May area stalled beneath the prior swing resistance band, then rolled over sharply, leaving a lower-high / lower-low sequence intact. Weekly fib positioning remains constructive relative to its own grid, but the monthly and yearly session grids are both below their midpoint bias, keeping the larger swing backdrop under pressure. Volatility remains elevated enough to support wide daily bars and fast directional rotation, while the latest signals show short-term countertrend longs against a heavier intermediate and long-term downtrend structure.