ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Oct-18 18:09 CT

Price Action

• Last: 105.25000,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 109%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 76%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -37%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 106.3,
• 4. Pvt. Next: Pvt low 103.71875,
• 5. Levels R: 132.87500, 131.43750, 128.93750, 127.62500, 125.87500,
• 6. Levels S: 101.15625.

Daily Benchmarks

• (Short-Term) 5 Day: 104.375 Up Trend,
• (Short-Term) 10 Day: 103.5 Up Trend,
• (Intermediate-Term) 20 Day: 104.0625 Up Trend,
• (Intermediate-Term) 55 Day: 106.40825 Down Trend,
• (Long-Term) 100 Day: 108.90625 Down Trend,
• (Long-Term) 200 Day: 111.1875 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily chart shows a sharp V-shaped recovery from the 101.15625 swing low, with price now above the 5-, 10-, and 20-day benchmarks and the short-term pivot structure upgraded to UTrend. Momentum is fast following the October rebound, although price remains beneath the declining 55-, 100-, and 200-day averages, preserving the broader bearish hierarchy. The intermediate pivot trend remains DTrend despite the positive monthly grid reading, making the 106.3 pivot-high area a key near-term structural reference. The current advance represents a countertrend recovery within the longer-term decline, while 103.71875 defines the next downside pivot threshold.