ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-May-19 07:09 CT

Price Action

• Last: 110'08,
• Bars: Large,
• 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 110.15825,
• 4. Pvt. Next: Pvt High 114.71875,
• 5. Levels R: 176.81250, 164.84375, 159.25000, 145.81250, 133.81250,
• 6. Levels S: 110.15825, 108.53125, 106.00000.

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

The weekly structure remains in a broad bearish swing cycle, with price pressing into the lower end of the 2026 value area and sitting below all benchmark moving averages. The pivot state is DTrend, confirming a sequence of lower highs and lower lows, while the most recent downside extension has reached the 110.15825 pivot support zone and is hovering near the next support band at 108.53125. The benchmark stack is fully inverted and sloping down, reinforcing a persistent downtrend across short, intermediate, and long horizons. The larger pattern shows repeated rallies failing into the declining pivot resistance structure, followed by trend continuation lower, with the current action aligned with a late-stage selloff/retest of lower support rather than a bullish recovery phase.