ZB U.S. Treasury Bond Futures Weekly Chart Analysis: 2026-Oct-20 07:11 CT

Price Action

• Last: 105'28,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -12%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 62%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -42%
• 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 106'28,
• 4. Pvt. Next: Pvt low 101'78125,
• 5. Levels R: 175'28, 163'29, 158'10, 144'28, 132'28,
• 6. Levels S: 101'05.

Weekly Benchmarks

• (Short-Term) 5 Day: 104'18 Up Trend,
• (Short-Term) 10 Day: 106'14 Down Trend,
• (Intermediate-Term) 20 Day: 108'23 Down Trend,
• (Intermediate-Term) 55 Day: 110'25 Down Trend,
• (Long-Term) 100 Day: 112'12 Down Trend,
• (Long-Term) 200 Day: 116'08 Down Trend.

Overall Rating

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

Key Insights Summary

ZB has produced a sharp rebound from the 101'05 swing-support area, lifting the short-term pivot condition to UTrend and placing price above the rising 5-week benchmark. The recovery remains counter-trend within a broader declining structure: price is below the weekly F0% area, the 10-, 20-, 55-, 100-, and 200-week benchmarks are declining, and the intermediate HiLo pivot structure remains DTrend. The 106'28 pivot-evolve level and falling 10-week average near 106'14 define the immediate overhead retracement zone, while 101'05 remains the major downside reference. The monthly Fib position is constructive above F0%, but the yearly Fib position remains negative, reflecting a long-term bear cycle despite the current high-momentum bounce.