FGBL Euro-Bund Futures Daily Chart Analysis: 2026-Oct-20 07:04 CT

Price Action

Last: 121.63,
Bars: Medium,
Mom: Average.

WSFG Weekly

Short-Term
WSFG Current: -6%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

Intermediate-Term
MSFG Current: 59%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: -36%
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 122.14,
4. Pvt. Next: Pvt low 120.70,
5. Levels R: 136.68, 134.27, 133.53, 130.08, 129.83,
6. Levels S: 120.35, 119.19.

Daily Benchmarks

(Short-Term) 5 Day: 121.29 Down Trend,
(Short-Term) 10 Day: 121.07 Up Trend,
(Intermediate-Term) 20 Day: 120.61 Up Trend,
(Intermediate-Term) 55 Day: 121.72 Down Trend,
(Long-Term) 100 Day: 123.22 Down Trend,
(Long-Term) 200 Day: 124.39 Down Trend.

Additional Metrics

ATR: 65,
VOLMA: 1114077.

Recent Trade Signals

20 Oct 2026: Short FGBL 12-26 @ 121.33 Signals.USAR-WSFG
16 Oct 2026: Short FGBL 12-26 @ 121.43 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Price has staged a sharp rebound from the 119.19 swing-low support, producing a short-term UTrend pivot structure and recovering above the 5-, 10-, and 20-day benchmarks. The recovery remains counter-trend within the broader decline: price is near but below the declining 55-day average at 121.72 and remains well beneath the falling 100- and 200-day averages. The October MSFG position above F0% reflects a constructive monthly retracement, while the weekly and yearly grids remain negative. The 122.14 pivot-high area and 121.72 55-day average define the immediate overhead test zone; 120.35 and 119.19 remain the principal downside swing references. Volatility is elevated relative to the summer base, consistent with choppy, wide-range price action following the September selloff and October V-shaped rebound.