ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Aug-20 07:12 CT

Price Action

• Last: 109.21875,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

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

MSFG Month Aug

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 107.90625,
• 4. Pvt. Next: Pvt high 111.78125,
• 5. Levels R: 176.31250, 164.34375, 158.75000, 145.31250, 133.31250,
• 6. Levels S: 107.90625, 105.50000.

Weekly Benchmarks

• (Short-Term) 5 Day: 109.31250 Down Trend,
• (Short-Term) 10 Day: 111.12500 Down Trend,
• (Intermediate-Term) 20 Day: 111.78125 Down Trend,
• (Intermediate-Term) 55 Day: 113.06250 Down Trend,
• (Long-Term) 100 Day: 113.87500 Down Trend,
• (Long-Term) 200 Day: 117.53125 Down Trend.

Overall Rating

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

Key Insights Summary

Price remains beneath the yearly NTZ and all benchmark averages, preserving a broad bearish swing structure. The pivot sequence is defined by lower highs and lower lows, with the current evolving pivot low at 107.90625 and the next opposite pivot threshold at 111.78125. Recent price action is pressing the lower end of the 2026 range after rejection from the 114.62500 area; this characterizes a sustained decline rather than a completed reversal. The 107.90625 support is the immediate structural reference, followed by 105.50000, while the moving-average cluster from 109.31250 through 117.53125 remains overhead resistance.