ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Aug-18 07:11 CT

Price Action

• Last: 107.87500,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Aug

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 107.87500,
• 4. Pvt. Next: Pvt high 109.90625,
• 5. Levels R: 133.31250, 131.87500, 128.06250, 127.87500, 126.31250,
• 6. Levels S: 107.90625, 105.50000.

Daily Benchmarks

• (Short-Term) 5 Day: 109.00000 Down Trend,
• (Short-Term) 10 Day: 109.25000 Down Trend,
• (Intermediate-Term) 20 Day: 109.50000 Down Trend,
• (Intermediate-Term) 55 Day: 110.81250 Down Trend,
• (Long-Term) 100 Day: 111.84375 Down Trend,
• (Long-Term) 200 Day: 113.46875 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price remains in a broad bearish swing sequence of lower highs and lower lows, with both pivot trend measures in DTrend and price positioned beneath every daily benchmark. The August MSFG structure is being traded below its lower NTZ boundary, reflecting downside continuation following the failed rebound toward 110.40625. The latest decline has pressed through the 107.90625 pivot-support area toward a new pivot low, while 109.90625 defines the reversal threshold for a new short-term pivot high. ATR near 35/32 indicates active daily range conditions, and the persistent separation below the declining 20-, 55-, 100-, and 200-day averages confirms bearish alignment across swing time frames.