ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Sep-28 07:13 CT

Price Action

• Last: 103.9375,
• Bars: Medium,
• 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 103.9375,
• 4. Pvt. Next: Pvt high 108.0625,
• 5. Levels R: 175.8750, 163.9063, 158.3125, 144.8750, 132.8750,
• 6. Levels S: 103.9375.

Weekly Benchmarks

• (Short-Term) 5 Day: 107.2500 Down Trend,
• (Short-Term) 10 Day: 107.9375 Down Trend,
• (Intermediate-Term) 20 Day: 109.7188 Down Trend,
• (Intermediate-Term) 55 Day: 111.5938 Down Trend,
• (Long-Term) 100 Day: 112.7188 Down Trend,
• (Long-Term) 200 Day: 116.6563 Down Trend.

Overall Rating

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

Key Insights Summary

The weekly structure remains decisively bearish: price is extending below the 2026 yearly NTZ and F0% area, all benchmark averages are declining and positioned overhead, and both pivot-trend measures remain in DTrend. The decline has produced lower swing highs and lower swing lows, with 103.9375 defining the active pivot-low area. The 108.0625 pivot-next level represents the nearest structural reversal reference, while the broad separation beneath the moving-average cluster reflects persistent downside momentum rather than a mature sideways consolidation.