ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Sep-23 07:15 CT

Price Action

• Last: 107.09375,
• Bars: Medium,
• Mom: Average.

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 Bearish,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 109.37500,
• 4. Pvt. Next: Pvt low 106.00000,
• 5. Levels R: 132.87500, 131.43750, 128.93750, 127.62500,
• 6. Levels S: 106.03125, 105.06250.

Daily Benchmarks

• (Short-Term) 5 Day: 107.28125 Up Trend,
• (Short-Term) 10 Day: 107.18750 Up Trend,
• (Intermediate-Term) 20 Day: 108.03125 Down Trend,
• (Intermediate-Term) 55 Day: 108.96875 Down Trend,
• (Long-Term) 100 Day: 110.25000 Down Trend,
• (Long-Term) 200 Day: 112.12500 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily structure shows a short-term recovery from the 106.00000 pivot-low area, confirmed by the UTrend pivot state and rising 5-day and 10-day benchmarks. This rebound remains countertrend within a broader intermediate and long-term decline: price is below the September MSFG F0%/NTZ area and below the declining 20-, 55-, 100-, and 200-day benchmarks. The current swing is characterized by a rebound followed by consolidation near 107-08, with 108.03125 and the monthly grid area defining the nearest intermediate-term overhead technical zone, while 106.03125 and 105.06250 remain the principal downside swing-support references.