ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jul-10 07:08 CT

Price Action

Last: 111.1250,
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 110.78125,
4. Pvt. Next: Pvt High 112.46875,
5. Levels R: 145.31250, 133.31250, 131.87500, 128.06250, 127.37500,
6. Levels S: 110.78125, 109.00000, 108.03125, 105.50000.

Daily Benchmarks

(Short-Term) 5 Day: 111.81250 Down Trend,
(Short-Term) 10 Day: 112.00000 Down Trend,
(Intermediate-Term) 20 Day: 112.81250 Down Trend,
(Intermediate-Term) 55 Day: 112.62500 Down Trend,
(Long-Term) 100 Day: 113.31250 Down Trend,
(Long-Term) 200 Day: 114.34375 Down Trend.

Additional Metrics

ATR: 35,
VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily structure remains in a downtrend with price pressing below all benchmark moving averages and the swing pivot trend still pointing lower. The chart shows a sequence of lower highs and lower lows, with the latest rally failing back under the 20, 55, 100, and 200 day references. The active pivot evolution is still anchored by the recent swing low at 110.78125, while the next opposing pivot high is marked at 112.46875, keeping the market in a broad corrective-to-declining cycle. Momentum is fast and the large bar size reflects an expanded daily range, which fits a volatile rotation phase rather than a stable consolidation. From a swing-trader perspective, the tape is dominated by rejection behavior at overhead resistance and repeated failure to reclaim the benchmark band, leaving the larger tone aligned with bearish trend continuation.