ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Oct-23 07:11 CT

Price Action

• Last: 107'16,
• 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 107.9750,
• 4. Pvt. Next: Pvt low 105.43750,
• 5. Levels R: 132.87500, 131.43750, 127.62500, 126.93750, 125.87500,
• 6. Levels S: 101.15625.

Daily Benchmarks

• (Short-Term) 5 Day: 105.84375 Up Trend,
• (Short-Term) 10 Day: 104.90625 Up Trend,
• (Intermediate-Term) 20 Day: 103.79375 Up Trend,
• (Intermediate-Term) 55 Day: 106.37500 Down Trend,
• (Long-Term) 100 Day: 108.96825 Down Trend,
• (Long-Term) 200 Day: 111.03125 Down Trend.

Additional Metrics

• ATR: 40,
• 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, with fast upside momentum, an active short-term UTrend, and price holding above the rising 5-, 10-, and 20-day benchmarks. The advance has reached the 107'16 to 108'04 area and is testing the recent pivot-high region near 107.9750, while the declining 55-day average remains overhead. Intermediate conditions are mixed: the monthly grid is positive, but the HiLo pivot trend remains down. The broader backdrop remains bearish as price stays below declining 100- and 200-day averages and the yearly grid remains below its F0% reference.