ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Nov-03 07:12 CT

Price Action

• Last: 107:16,
• Bars: Medium,
• Mom: Average.

WSFG Weekly

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

MSFG Month Nov

• 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 108.69375,
• 4. Pvt. Next: Pvt low 106.34375,
• 5. Levels R: 132.87500, 131.43750, 127.62500, 125.87500, 125.31250,
• 6. Levels S: 101.15625.

Daily Benchmarks

• (Short-Term) 5 Day: 107.46875 Up Trend,
• (Short-Term) 10 Day: 107.09375 Up Trend,
• (Intermediate-Term) 20 Day: 105.4375 Up Trend,
• (Intermediate-Term) 55 Day: 106.625 Up Trend,
• (Long-Term) 100 Day: 108.375 Down Trend,
• (Long-Term) 200 Day: 110.78125 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price has produced a sharp V-recovery from the October swing low and remains above the rising 10-, 20-, and 55-day benchmarks. The short-term pivot structure is upward, although the current developing pivot high near 108.69375 marks a clear overhead rejection area and momentum has moderated after the late-October surge. The intermediate structure is improving through the November MSFG and rising medium-term averages, while the broader HiLo structure remains down and price remains beneath declining 100- and 200-day averages. This leaves the daily chart in a counter-trend recovery within a longer-term bearish cycle.