ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Sep-22 07:16 CT

Price Action

• Last: 108.00000,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

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

MSFG Month Sep

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 108.00000,
• 4. Pvt. Next: Pvt low 106.00000,
• 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: 107.09375 Up Trend,
• (Short-Term) 10 Day: 107.28125 Up Trend,
• (Intermediate-Term) 20 Day: 108.12500 Down Trend,
• (Intermediate-Term) 55 Day: 109.00000 Down Trend,
• (Long-Term) 100 Day: 110.78125 Down Trend,
• (Long-Term) 200 Day: 112.15625 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily chart shows a sharp short-term V-style rebound from the 106.03125 swing-support area, with price recovering above the rising 5-day and 10-day benchmarks and the pivot trend turning UTrend. The rebound remains countertrend within the broader structure: the HiLo trend is DTrend, price remains beneath the declining 20-day through 200-day benchmarks, and September MSFG positioning is below its F0/NTZ area. The 108.12500 20-day average is the immediate overhead technical pivot; the 106.03125 support remains the defining lower swing level. Rising momentum and medium-sized bars reflect an active recovery phase, while the descending intermediate- and long-term average alignment continues to characterize the larger daily cycle as bearish.