ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Aug-19 07:12 CT

Price Action

• Last: 108.87500,
• Bars: Medium,
• Mom: average.

WSFG Weekly

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

MSFG Month Aug

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

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: DTrend,
• 3. Pvt. Evolve: Pvt low 107.81250,
• 4. Pvt. Next: Pvt high 109.84375,
• 5. Levels R: 133.31250, 131.87500, 128.06250, 127.37500, 126.31250,
• 6. Levels S: 107.90625, 105.50000.

Daily Benchmarks

• (Short-Term) 5 Day: 108.90625 Down Trend,
• (Short-Term) 10 Day: 109.12500 Down Trend,
• (Intermediate-Term) 20 Day: 109.40625 Down Trend,
• (Intermediate-Term) 55 Day: 110.71875 Down Trend,
• (Long-Term) 100 Day: 111.81250 Down Trend,
• (Long-Term) 200 Day: 113.43750 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 daily decline, with both pivot structures in DTrend and the market positioned beneath every benchmark moving average. The August selloff produced a new pivot low near 107.81250, followed by a modest rebound and consolidation around the monthly F0/NTZ area. The recovery has not altered the lower-high/lower-low structure; 109.84375 remains the pivot reversal level defining a meaningful short-term structural change. ATR near 35 reflects moderated but still active daily range conditions, while volume is near its moving-average zone. The dominant swing-trading theme is a bearish primary trend with a short-term basing attempt near support.