ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jul-17 07:09 CT

Price Action

Last: 111.03125,
Bars: Small,
Mom: Slow.

WSFG Weekly

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

MSFG Month Jul

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

YSFG Year 2026

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

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: 114.62500, 113.87500, 113.31250, 112.09375, 112.00000,
6. Levels S: 110.37500, 109.00000, 108.03125, 105.50000.

Daily Benchmarks

(Short-Term) 5 Day: 111.00000 Neutral Trend,
(Short-Term) 10 Day: 111.40625 Down Trend,
(Intermediate-Term) 20 Day: 112.43750 Down Trend,
(Intermediate-Term) 55 Day: 112.37500 Down Trend,
(Long-Term) 100 Day: 113.31250 Down Trend,
(Long-Term) 200 Day: 114.25000 Down Trend.

Additional Metrics

ATR: 28.78125,
VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price remains beneath the 10-, 20-, 55-, 100-, and 200-day benchmark structure, preserving a broad bearish alignment. The latest decline established a 110.37500 pivot low, followed by a modest, low-momentum stabilization near 111.00; this reflects consolidation after a sharp selloff rather than a confirmed reversal. Short-term pivot structure remains in DTrend, while the intermediate HiLo structure retains an UTrend classification from the prior recovery sequence. The 112.00000 pivot-next threshold and nearby moving-average cluster define the immediate overhead retracement zone, while 110.37500 is the nearest downside structural reference. Contract volatility has eased toward the lower end of the recent ATR range and volume activity is below the earlier June spike, consistent with a quieter corrective phase inside the dominant declining trend.