ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Sep-16 07:16 CT

Price Action

• Last: 106.87500,
• Bars: Small,
• Mom: Fast.

WSFG Weekly

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

MSFG Month Sep

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

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 106.03125,
• 4. Pvt. Next: Pvt high 107.90625,
• 5. Levels R: 132.87500, 131.43750, 127.62500, 126.93750, 125.87500,
• 6. Levels S: 106.03125, 105.06250.

Daily Benchmarks

• (Short-Term) 5 Day: 107.06250 Down Trend,
• (Short-Term) 10 Day: 107.78125 Down Trend,
• (Intermediate-Term) 20 Day: 108.43750 Down Trend,
• (Intermediate-Term) 55 Day: 109.28125 Down Trend,
• (Long-Term) 100 Day: 110.50000 Down Trend,
• (Long-Term) 200 Day: 112.34375 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

ZB remains in a broad bearish swing structure, with price trading beneath every daily benchmark and below the September MSFG/NTZ area. The recent sharp decline produced a new evolving pivot low near 106.03125, followed by a small rebound that remains below the 5-day and 10-day averages. Pivot structure shows lower highs and lower lows, while the next pivot-high reversal level near 107.90625 defines the nearest countertrend recovery threshold. The 106.03125 support area is the immediate downside reference, with 105.06250 the next major swing-support level. Recent short-term, weekly-grid, monthly-grid, and long-term trend signals remain aligned to the downside, although the compressed small bars following the selloff indicate a potential short-term stabilization phase after the fast momentum decline.