ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Nov-04 07:11 CT

Price Action

• Last: 107'16,
• Bars: Small,
• 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 108.9375,
• 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: 107.50 Neutral,
• (Short-Term) 10 Day: 107.28125 Up Trend,
• (Intermediate-Term) 20 Day: 105.6875 Up Trend,
• (Intermediate-Term) 55 Day: 106.65625 Up Trend,
• (Long-Term) 100 Day: 108.34375 Down Trend,
• (Long-Term) 200 Day: 110.75 Down Trend.

Additional Metrics

• ATR: 35,
• VOLMA: 450837.

Overall Rating

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

Key Insights Summary

Price is consolidating near 107'16 after a sharp October recovery from the 101 area. The short-term pivot structure remains upward and price holds above the rising 10-, 20-, and 55-day benchmarks, while the weekly and November fib grids remain positive. The 108.9375 evolving pivot high is the nearby recovery ceiling, with 106.34375 defining the next short-term downside pivot threshold. Intermediate conditions reflect a countertrend recovery within a broader declining structure: the HiLo trend remains down and price is still below declining 100- and 200-day averages. Small daily bars and moderating momentum indicate a pause and compression following the rally rather than a broad long-term trend reversal.