ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Oct-22 07:11 CT

Price Action

• Last: 106.25,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: 6%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 77%
• 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 106.375,
• 4. Pvt. Next: Pvt low 104.40625,
• 5. Levels R: 132.87500, 131.43750, 128.93750, 127.62500, 125.87500,
• 6. Levels S: 101.15625.

Daily Benchmarks

• (Short-Term) 5 Day: 105.375 Up Trend,
• (Short-Term) 10 Day: 104.4375 Up Trend,
• (Intermediate-Term) 20 Day: 103.8125 Up Trend,
• (Intermediate-Term) 55 Day: 106.3125 Down Trend,
• (Long-Term) 100 Day: 107.1875 Down Trend,
• (Long-Term) 200 Day: 111.0625 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily structure shows a sharp V-style recovery from the October low near 101.15625, with fast upside momentum and price above the rising 5-, 10-, and 20-day benchmarks. Weekly and monthly fib-grid positioning is positive, confirming a short-term recovery phase. However, price is testing the declining 55-day average near 106.3125 while the intermediate HiLo pivot trend remains down, making the current advance a countertrend rebound within the broader yearly downtrend. The evolving pivot high at 106.375 is the immediate upside structural reference, while 104.40625 defines the next pivot-reversal level. Long-term trend pressure remains intact beneath declining 100- and 200-day averages.