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

Price Action

• Last: 111.05,
• Bars: Large,
• Mom: Fast.

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 110.96875,
• 4. Pvt. Next: Pvt High 112.71875,
• 5. Levels R: 145.31250, 133.31250, 131.87500, 128.06250, 127.37500,
• 6. Levels S: 110.96875, 109.00000, 108.03125, 105.50000, 104.00000.

Daily Benchmarks

• (Short-Term) 5 Day: 112.53125 Down Trend,
• (Short-Term) 10 Day: 113.1875 Down Trend,
• (Intermediate-Term) 20 Day: 112.34375 Down Trend,
• (Intermediate-Term) 55 Day: 112.75 Down Trend,
• (Long-Term) 100 Day: 113.40625 Down Trend,
• (Long-Term) 200 Day: 114.375 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price is trading below a stacked set of declining benchmark averages, confirming a broad down-sloping structure across short, intermediate, and long horizons. The pivot sequence remains in a short-term downtrend while the higher-level pivot trend still reflects a broader two-sided structure, but the most recent price action has turned back down after testing the upper July MSFG zone. The current swing is pressing into the lower pivot/support area near 111.00, with overhead resistance layered at 112.72, 113.00-plus, and then 114.38, creating a compressed range after a sharp selloff. Volatility has expanded from the recent decline, and the chart shows a sequence of lower highs and lower lows following the June rebound, leaving the tape technically weak and still dominated by downside momentum.