ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Sep-17 07:16 CT

Price Action

• Last: 106.6875,
• Bars: Small,
• Mom: slow.

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

• Long-Term
• YSFG Current: Below NTZ,
• 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 106.8125,
• 4. Pvt. Next: Pvt high 107.90625,
• 5. Levels R: 132.87500, 131.43750, 128.93750, 127.62500, 125.87500,
• 6. Levels S: 106.03125, 105.06250.

Daily Benchmarks

• (Short-Term) 5 Day: 106.8125 Down Trend,
• (Short-Term) 10 Day: 107.0325 Down Trend,
• (Intermediate-Term) 20 Day: 108.3750 Down Trend,
• (Intermediate-Term) 55 Day: 109.1875 Down Trend,
• (Long-Term) 100 Day: 110.4375 Down Trend,
• (Long-Term) 200 Day: 112.28125 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily structure remains broadly bearish: price is below every benchmark average, the averages are aligned in declining order, and both short-term pivot trend and intermediate HiLo trend are in DTrend. The September MSFG has been lost to the downside, leaving the 106.03125 swing-support area as the nearest structural downside reference. Recent small candles near the 106-handle indicate slowing downside momentum and a modest stabilization attempt following the sharp decline, but the current pivot sequence remains lower-high/lower-low until price can reclaim the 107.90625 pivot-reversal level. Volume is moderate relative to recent activity and ATR near 35 reflects reduced daily range expansion after the selloff.