ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jul-21 07:09 CT

Price Action

• Last: 110.8750,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

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

MSFG Month Jul

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 110.3750,
• 4. Pvt. Next: Pvt high 112.0000,
• 5. Levels R: 143.34375, 133.31250, 131.87500, 128.06250, 127.37500,
• 6. Levels S: 110.37500, 109.00000, 108.03125, 105.50000.

Daily Benchmarks

• (Short-Term) 5 Day: 111.0000 Down Trend,
• (Short-Term) 10 Day: 111.1250 Down Trend,
• (Intermediate-Term) 20 Day: 112.21875 Down Trend,
• (Intermediate-Term) 55 Day: 112.28125 Down Trend,
• (Long-Term) 100 Day: 112.90625 Down Trend,
• (Long-Term) 200 Day: 114.1875 Down Trend.

Additional Metrics

• ATR: 10.00,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price is consolidating narrowly above the developing 110.3750 pivot low after a sharp July decline, while remaining below every daily benchmark and below the July MSFG/NTZ area near 112.00-112.30. The short-term pivot structure remains in a DTrend, although the intermediate HiLo structure still reflects the prior higher-level recovery sequence. Declining ATR and subdued volume indicate slower downside momentum and compression rather than an impulsive expansion. The 112.0000 next-pivot threshold and clustered 20/55-day averages define the principal overhead retracement zone, while 110.3750 is the immediate structural floor; a break beneath it would refocus the chart on 109.0000 support.