ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Sep-11 07:13 CT

Price Action

• Last: 106-23,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 106.15625,
• 4. Pvt. Next: Pvt high 108.31250,
• 5. Levels R: 132.87500, 131.43750, 128.93750, 127.62500, 125.87500,
• 6. Levels S: 106.50000, 105.06250.

Daily Benchmarks

• (Short-Term) 5 Day: 108.15625 Down Trend,
• (Short-Term) 10 Day: 108.46875 Down Trend,
• (Intermediate-Term) 20 Day: 108.68750 Down Trend,
• (Intermediate-Term) 55 Day: 109.56250 Down Trend,
• (Long-Term) 100 Day: 110.71875 Down Trend,
• (Long-Term) 200 Day: 112.46875 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

ZB has extended its daily decline through the September MSFG lower boundary and beneath all six declining benchmark averages. The pivot structure remains bearish, with successive lower highs and lower lows, while the latest large-range downswing has produced a new evolving pivot low near 106-16. Price is below the nearby 106-16 to 106-24 support area and remains materially separated from the 5-day through 200-day benchmarks, reflecting persistent downside trend alignment. The next opposite-pivot reference is 108-10.5, while the 106-16 area and then 105-02 provide the nearest downside structural references. Volume activity has recently increased during the selloff and ATR remains elevated, consistent with fast momentum and expanded daily price movement.