ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jun-02 07:08 CT

Price Action

• Last: 112.28,
• Bars: Medium,
• Mom: average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jun

• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 112.93750,
• 4. Pvt. Next: Pvt Low 110.93750,
• 5. Levels R: 145.31250, 133.31250, 131.87500, 128.06250, 127.37500,
• 6. Levels S: 109.00000, 108.03125, 105.50000.

Daily Benchmarks

• (Short-Term) 5 Day: 112.06250 Up Trend,
• (Short-Term) 10 Day: 111.09375 Up Trend,
• (Intermediate-Term) 20 Day: 111.39375 Up Trend,
• (Intermediate-Term) 55 Day: 112.65625 Down Trend,
• (Long-Term) 100 Day: 113.84375 Down Trend,
• (Long-Term) 200 Day: 114.56250 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

• Short-Term: Neutral,
• Intermediate-Term: Bearish,
• Long-Term: Bearish.

Key Insights Summary

Bond futures are working through a multi-month corrective structure after the March peak, with the latest action rebounding sharply off the early-May low near 109.00 and recovering back into the June NTZ area. The short-term tape has improved enough to flip the pivot trend to UTrend, but the broader pivot hierarchy remains heavier, and price is still trading below the declining 55, 100, and 200 day benchmarks. That keeps the intermediate and long-term structure anchored to a bearish-to-distribution backdrop even as the recent bounce shows a constructive higher-low response. The current setup looks more like a rally inside a larger downtrend than a full trend reversal, with resistance layered overhead from the prior pivot and benchmark cluster.