FGBL Euro-Bund Futures Weekly Chart Analysis: 2026-May-21 07:05 CT

Price Action

Last: 124.00,
Bars: Small,
Mom: Slow.

WSFG Weekly

Short-Term
WSFG Current: 62%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: -21%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -13%
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 127.00,
5. Levels R: 168.12, 168.02, 167.58, 165.98, 162.12,
6. Levels S: 123.74.

Weekly Benchmarks

(Short-Term) 5 Day: 125.41 Down Trend,
(Short-Term) 10 Day: 125.38 Down Trend,
(Intermediate-Term) 20 Day: 126.36 Down Trend,
(Intermediate-Term) 55 Day: 127.37 Down Trend,
(Long-Term) 100 Day: 128.91 Down Trend,
(Long-Term) 200 Day: 131.11 Down Trend.

Recent Trade Signals

19 May 2026: Long FGBL 06-26 @ 124.16 Signals.USAR-WSFG
18 May 2026: Long FGBL 06-26 @ 124.32 Signals.USAR.TR120
15 May 2026: Short FGBL 06-26 @ 124.72 Signals.USAR-MSFG

Overall Rating

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

Key Insights Summary

Weekly price is trading near the lower end of a multi-year down structure, but the short-term WSFG has flipped positive and is holding above its F0%/NTZ reference. That aligns with the recent long signals and suggests a near-term bounce phase after the latest selloff. The broader tape remains technically weak: the swing pivot trend is still DTrend, the HiLo trend is also DTrend, and every benchmark moving average from 5-day through 200-day is aligned lower. The current weekly action looks like a small-bar, slow-momentum consolidation after a decline, with price trying to stabilize around the 124 area while still below the clustered benchmark stack and beneath the dominant yearly and monthly session fib biases. Overall, the chart reflects a short-term rebound inside an intact intermediate- and long-term bearish framework.