FGBL Euro-Bund Futures Daily Chart Analysis: 2026-Aug-19 07:05 CT

Price Action

Last: 123.60,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -58%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Aug

Intermediate-Term
MSFG Current: -28%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -24%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt low 123.60,
4. Pvt. Next: Pvt high 124.70,
5. Levels R: 127.51, 135.10, 134.38, 130.68,
6. Levels S: 123.60.

Daily Benchmarks

(Short-Term) 5 Day: 124.43 Down Trend,
(Short-Term) 10 Day: 124.69 Down Trend,
(Intermediate-Term) 20 Day: 124.68 Down Trend,
(Intermediate-Term) 55 Day: 125.25 Down Trend,
(Long-Term) 100 Day: 125.48 Down Trend,
(Long-Term) 200 Day: 126.40 Down Trend.

Additional Metrics

ATR: 65,
VOLMA: 1114077.

Recent Trade Signals

19 Aug 2026: Short FGBL 09-26 @ 123.87 Signals.USAR-MSFG
17 Aug 2026: Short FGBL 09-26 @ 124.16 Signals.USAR-WSFG
14 Aug 2026: Short FGBL 09-26 @ 124.32 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price has accelerated lower from the early-August rebound and established a fresh pivot low at 123.60. The short-term pivot trend, weekly and monthly Fib-grid positioning, and all benchmark averages are aligned downward. The intermediate HiLo structure remains UTrend, but the latest decline has retraced deeply through the August monthly grid and placed price beneath every key moving-average reference. The 124.43 to 124.69 short-term benchmark cluster and the 124.70 next-pivot level define the nearest overhead recovery zone, while 123.60 is the active swing-low reference. Momentum and bar expansion indicate a directional selloff rather than consolidation, with the broader moving-average stack maintaining a firmly negative long-term price cycle.