ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Sep-28 07:12 CT

Price Action

• Last: 104.00,
• 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 103.900,
• 4. Pvt. Next: Pvt high 108.2500,
• 5. Levels R: 132.87500, 131.43750, 128.93750, 127.62500, 125.87500,
• 6. Levels S: 106.18750, 106.00000.

Daily Benchmarks

• (Short-Term) 5 Day: 106.00 Down Trend,
• (Short-Term) 10 Day: 106.5625 Down Trend,
• (Intermediate-Term) 20 Day: 107.375 Down Trend,
• (Intermediate-Term) 55 Day: 108.5625 Down Trend,
• (Long-Term) 100 Day: 110.00 Down Trend,
• (Long-Term) 200 Day: 112.00 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 and accelerating daily downtrend, with large-range selling bars and fast downside momentum extending price materially beneath the September MSFG/NTZ area and all six declining benchmark averages. Pivot structure is bearish across both short- and intermediate-term measures, with the latest evolving pivot low near 103.900 reflecting continuing lower-low behavior. Recent short-, weekly-, monthly-, and long-term trend signals remain aligned to the downside. The broken 106.000-106.18750 support zone is now overhead, while the next defined pivot reversal threshold is substantially higher at 108.2500; ATR expansion and elevated volume activity confirm a high-volatility directional decline rather than a stable consolidation.