FGBL Euro-Bund Futures Daily Chart Analysis: 2026-May-22 07:03 CT

Price Action

Last: 125.33,
Bars: Medium,
Mom: Average.

WSFG Weekly

Short-Term
WSFG Current: 103%
F0%/NTZ' Bias: Price Above,
WSFG Trend: Up.

MSFG Month May

Intermediate-Term
MSFG Current: -4%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -9%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt High 125.33,
4. Pvt. Next: Pvt Low 124.03,
5. Levels R: 138.10, 137.47, 135.08, 134.32, 130.87,
6. Levels S: 123.74.

Daily Benchmarks

(Short-Term) 5 Day: 124.39 Up Trend,
(Short-Term) 10 Day: 124.76 Up Trend,
(Intermediate-Term) 20 Day: 125.04 Down Trend,
(Intermediate-Term) 55 Day: 125.6 Down Trend,
(Long-Term) 100 Day: 126.4 Down Trend,
(Long-Term) 200 Day: 127.15 Down Trend.

Additional Metrics

ATR: 65,
VOLMA: 1114077.

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

Price is trading back up near the 125.33 swing high after a sharp spring selloff and a reactive rebound from the 123.74 support area. The weekly fib structure remains constructive and above its midpoint, while the monthly and yearly session grids stay below their neutral zones, keeping the broader tape in a downtrend. Short-term momentum has improved with price above the 5- and 10-day benchmarks and the current pivot trend still upward, but the intermediate and longer moving averages remain stacked overhead in bearish alignment. The chart shows a choppy corrective recovery rather than a full trend reversal, with lower highs still defining the larger structure and the next pivot objective marked as a lower low at 124.03 if the current rebound fades.