ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Jul-22 07:09 CT

Price Action

• Last: 110.6875,
• Bars: Small,
• Mom: Slow.

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 Bearish,
• MSFG Trend: Down.

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 110.9375,
• 4. Pvt. Next: Pvt high 111.7875,
• 5. Levels R: 144.03125, 133.31250, 131.87500, 128.06250, 127.37500,
• 6. Levels S: 110.09375, 109.00000, 108.03125, 105.50000.

Daily Benchmarks

• (Short-Term) 5 Day: 110.9375 Down Trend,
• (Short-Term) 10 Day: 111.0000 Down Trend,
• (Intermediate-Term) 20 Day: 112.09375 Down Trend,
• (Intermediate-Term) 55 Day: 112.21875 Down Trend,
• (Long-Term) 100 Day: 112.8125 Down Trend,
• (Long-Term) 200 Day: 114.15025 Down Trend.

Additional Metrics

• ATR: 29,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price remains in a declining short-term swing structure, trading beneath the 5, 10, 20, 55, 100, and 200-day benchmarks. The July MSFG has shifted overhead, with price below its F0% area and lower NTZ boundary, reinforcing the intermediate bearish condition. The current pivot sequence is evolving from a pivot low, but the short-term DTrend remains intact until price can recover the 111.7875 pivot-high reversal level. Small daily bars and slowing momentum indicate a compressed, choppy decline near 110.09375 support, while 109.00000 is the next notable lower support reference. The broader moving-average alignment remains negatively stacked, although the intermediate HiLo UTrend indicates the market is still operating within a larger corrective swing framework.