ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jul-16 07:10 CT

Price Action

Last: 110.3125,
Bars: Small,
Mom: Slow.

WSFG Weekly

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

MSFG Month Jul

Intermediate-Term
MSFG Current: NA%
F0%/NTZ' Bias: Price Below F0%,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt low 110.37500,
4. Pvt. Next: Pvt high 112.00000,
5. Levels R: 114.46875, 113.31250, 111.87500, 108.06250, 107.37500,
6. Levels S: 109.37500, 109.00000, 108.03125, 105.50000.

Daily Benchmarks

(Short-Term) 5 Day: 111.09375 Down Trend,
(Short-Term) 10 Day: 111.59375 Down Trend,
(Intermediate-Term) 20 Day: 112.53125 Down Trend,
(Intermediate-Term) 55 Day: 112.40625 Down Trend,
(Long-Term) 100 Day: 113.06250 Down Trend,
(Long-Term) 200 Day: 114.28125 Down Trend.

Additional Metrics

ATR: 30,
VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price remains beneath the weekly and July monthly F0% areas and below every benchmark moving average, preserving a broad bearish alignment. The confirmed short-term pivot trend is down, while the intermediate HiLo structure remains upward, defining the current decline as a short-term bearish leg within a wider, previously constructive swing structure. Recent bars are small and momentum has slowed after the sharp July selloff, indicating compression near the 110.375 pivot-low area rather than an impulsive reversal. The 112.000 pivot-next level and clustered 20/55-day averages near 112.40-112.53 define the principal overhead recovery zone, while 109.375 and 109.000 remain the nearest downside structural references. Volume has moderated and ATR has eased toward 30, consistent with a declining-volatility consolidation following the selloff.