FGBL Euro-Bund Futures Weekly Chart Analysis: 2026-May-22 07:04 CT

Price Action

Last: 123.74,
Bars: Medium,
Mom: Fast.

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: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt Low 123.74,
4. Pvt. Next: Pvt High 127.02,
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: 125.36 Down Trend,
(Intermediate-Term) 20 Day: 126.38 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: Bearish,
Intermediate-Term: Bearish,
Long-Term: Bearish.

Key Insights Summary

Price is pressing new weekly lows with a clear sequence of lower highs and lower lows, keeping the pivot structure in DTrend across both short and intermediate views. The weekly WSFG remains constructive above F0%, but that strength is isolated against the broader decline and the stacked moving averages, which all slope lower and sit overhead. Monthly and yearly session fib grids are both below F0%, confirming the dominant bearish backdrop. Recent long signals mark countertrend bounce attempts inside a still-developing selloff, while the next visible pivot reference sits higher at 127.02 after the current low at 123.74. Overall, the chart reads as a weak, downward-trending swing structure with intermittent rebound probes and no confirmed shift in the larger trend.