ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jul-06 07:08 CT

Price Action

• Last: 112.1250,
• Bars: Large,
• 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 112.15625,
• 4. Pvt. Next: Pvt High 113.96875,
• 5. Levels R: 145.31250, 133.31250, 131.87500, 128.06250, 127.37500,
• 6. Levels S: 112.15625, 111.03125, 109.00000.

Daily Benchmarks

• (Short-Term) 5 Day: 113.37500 Down Trend,
• (Short-Term) 10 Day: 113.40625 Down Trend,
• (Intermediate-Term) 20 Day: 112.84375 Down Trend,
• (Intermediate-Term) 55 Day: 112.78125 Down Trend,
• (Long-Term) 100 Day: 113.46875 Down Trend,
• (Long-Term) 200 Day: 114.43750 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

ZB is trading in a post-rally digestion phase after the June advance was rejected near the R1 / upper resistance band around 114.25, followed by a sharp pullback back toward the 112.16 pivot support zone. The short-term swing pivot is in DTrend, while the intermediate HiLo structure remains constructive from the June low, creating a mixed tape with a bearish short-term tone inside a broader range. Price is below the 5, 10, 20, 55, 100, and 200 day benchmarks, and the moving averages are all pointed lower, confirming a weak daily trend profile. The chart shows repeated test-and-reject behavior around the 113.00 to 114.25 supply area, while support layers remain defined at 112.16, 111.03, and 109.00. Overall, the structure looks like a downtrend with countertrend bounce potential only if the market can reclaim the clustered benchmark area; otherwise it remains a range-to-lower setup with heavy overhead supply.