ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jul-01 07:08 CT

Price Action

Last: 112.06,
Bars: Medium,
Mom: average.

WSFG Weekly

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

MSFG Month Jul

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: UTrend,
3. Pvt. Evolve: Pvt Low 112.34375,
4. Pvt. Next: Pvt High 114.21875,
5. Levels R: 145.31250, 133.31250, 131.87500, 128.06250, 127.37500,
6. Levels S: 112.34375, 111.03125, 109.00000, 108.03125, 103.12500.

Daily Benchmarks

(Short-Term) 5 Day: 114.00000 Down Trend,
(Short-Term) 10 Day: 113.50000 Down Trend,
(Intermediate-Term) 20 Day: 112.81250 Down Trend,
(Intermediate-Term) 55 Day: 112.81250 Up Trend,
(Long-Term) 100 Day: 113.53125 Up Trend,
(Long-Term) 200 Day: 114.46875 Down Trend.

Additional Metrics

ATR: 35,
VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Daily structure remains in a corrective-to-distribution phase after the spring decline and the late-June rebound failed into the upper MSFG/benchmark congestion area. Price is trading under the 5, 10, 20, 100, and 200 day benchmarks, which keeps the tape pressured despite the recent bounce off the June low near 109.00. Swing pivots still read DTrend on the short-term while the HiLo trend remains UTrend, reflecting a mixed but still heavy market with lower highs below the major moving-average shelf. The July session fib box is centered near current price, so the market is inside a short-term balance zone, but the broader setup still looks like a rejection-and-retest pattern versus the 114.00-114.25 resistance band. Volume has been active around the recent rebound, ATR is elevated, and the chart is showing a choppy recovery attempt rather than a clean trend reversal.