ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Aug-21 07:12 CT

Price Action

• Last: 109.46875,
• 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 107.90625,
• 4. Pvt. Next: Pvt high 111.78125,
• 5. Levels R: 125.75000, 119.84375, 118.31250, 118.18750, 114.62500,
• 6. Levels S: 107.90625, 105.50000.

Weekly Benchmarks

• (Short-Term) 5 Day: 119.53125 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

ZB remains in a broad weekly decline with both pivot structures confirmed in DTrend and price trading beneath every benchmark average. The recent decline produced a new pivot low at 107.90625, while the rebound has remained comparatively shallow beneath the 10-week and 20-week benchmarks near 111.12500-111.78125. The 111.78125 pivot-next level defines the current countertrend recovery threshold, while 107.90625 and 105.50000 remain the primary lower swing references. The yearly NTZ is overhead, reinforcing a bearish long-term structure marked by lower highs, lower lows, and persistent rejection beneath former support around 114.62500.