ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Aug-04 07:11 CT

Price Action

• Last: 109.50000,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Aug

• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 108.25000,
• 4. Pvt. Next: Pvt high 109.93750,
• 5. Levels R: 133.31250, 131.87500, 128.06250, 127.37500, 126.31250,
• 6. Levels S: 108.25000, 108.03125, 105.93750.

Daily Benchmarks

• (Short-Term) 5 Day: 109.56250 Down Trend,
• (Short-Term) 10 Day: 109.78125 Down Trend,
• (Intermediate-Term) 20 Day: 110.46875 Down Trend,
• (Intermediate-Term) 55 Day: 111.50000 Down Trend,
• (Long-Term) 100 Day: 112.25000 Down Trend,
• (Long-Term) 200 Day: 113.87500 Down Trend.

Additional Metrics

• ATR: 6.65625,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price has produced a sharp rebound from the 108.25000 pivot low, but the broader swing structure remains defined by lower highs and lower lows. The rebound is testing the declining short-term benchmark cluster near 109.56250 to 109.78125, while the 109.93750 next-pivot threshold marks the nearby structural inflection level. Price remains below all benchmark averages and below the August MSFG NTZ/F0% area, maintaining bearish alignment across the short-, intermediate-, and long-term trend frameworks. The recent bounce reflects fast countertrend momentum following a volatile selloff, while the pivot and moving-average structure continues to characterize the larger daily cycle as bearish.