FGBL Euro-Bund Futures Daily Chart Analysis: 2026-Oct-23 07:04 CT

Price Action

• Last: 122.12,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

• Short-Term
• WSFG Current: 32%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 93%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: -30%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 122.54,
• 4. Pvt. Next: Pvt low 121.20,
• 5. Levels R: 126.86, 124.68, 123.91,
• 6. Levels S: 120.35, 119.19.

Daily Benchmarks

• (Short-Term) 5 Day: 121.62 Up Trend,
• (Short-Term) 10 Day: 121.38 Up Trend,
• (Intermediate-Term) 20 Day: 120.82 Up Trend,
• (Intermediate-Term) 55 Day: 121.72 Up Trend,
• (Long-Term) 100 Day: 123.12 Down Trend,
• (Long-Term) 200 Day: 124.33 Down Trend.

Additional Metrics

• ATR: 65,
• VOLMA: 1114077.

Recent Trade Signals

• 22 Oct 2026: Long FGBL 12-26 @ 121.95 Signals.USAR-WSFG
• 20 Oct 2026: Long FGBL 12-26 @ 121.67 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

The daily structure reflects a sharp October recovery from the 119.19 swing low, with higher lows and rising short-to-intermediate benchmark averages supporting the current upswing. Price is above the weekly and monthly F0% levels and has recovered above the 5, 10, 20, and 55-day benchmarks, while the active pivot sequence remains upward. The rally is approaching the 122.54 pivot-high area, with 123.91 and 124.68 the next visible overhead swing-resistance zones. The longer-term structure remains counter-trend because price is beneath declining 100-day and 200-day averages, leaving the current advance as an intermediate recovery within a broader bearish yearly trend.