ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Oct-21 07:11 CT

Price Action

• Last: 105.625,
• Bars: Small,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: 3%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 74%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -39%
• 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 103.1875,
• 5. Levels R: 132.87500, 131.43750, 128.93750, 127.62500, 125.87500,
• 6. Levels S: 101.15625.

Daily Benchmarks

• (Short-Term) 5 Day: 105.125 Up Trend,
• (Short-Term) 10 Day: 104.09375 Up Trend,
• (Intermediate-Term) 20 Day: 103.84375 Up Trend,
• (Intermediate-Term) 55 Day: 106.34375 Down Trend,
• (Long-Term) 100 Day: 108.78125 Down Trend,
• (Long-Term) 200 Day: 111.125 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The market is sustaining a sharp short-term recovery from the early-October 101.15625 swing low, with price above the weekly and monthly F0% levels and above the rising 5-, 10-, and 20-day benchmarks. The pivot structure remains short-term upward, although the broader HiLo structure is still downward and price remains beneath the declining 55-, 100-, and 200-day averages. Recent small bars near 105.625 reflect consolidation after the rapid rebound and beneath the 106.3 evolving pivot high. This creates a counter-trend rally character within the longer-term decline, while the 103.1875 pivot-next level defines the nearby structural reversal reference.