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

Price Action

• Last: 108'20,
• Bars: Large,
• Mom: fast.

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 103.78125,
• 5. Levels R: 182.78125, 175.87500, 163.90625, 158.31250, 144.87500,
• 6. Levels S: 101.15625.

Weekly Benchmarks

• (Short-Term) 5 Day: 105.25 Up Trend,
• (Short-Term) 10 Day: 106.25 Up Trend,
• (Intermediate-Term) 20 Day: 108.28125 Down Trend,
• (Intermediate-Term) 55 Day: 110.5625 Down Trend,
• (Long-Term) 100 Day: 112.21875 Down Trend,
• (Long-Term) 200 Day: 116.09375 Down Trend.

Overall Rating

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

Key Insights Summary

The weekly structure shows a sharp, fast-momentum rebound from the 101.15625 swing-low support area, producing a short-term UTrend and restoring price above the weekly and monthly F0% levels. The recovery remains counter-trend within the broader declining structure: price is still beneath the falling 20-, 55-, 100-, and 200-period benchmarks, while the intermediate HiLo Trend and yearly grid remain down. The current advance is testing the 108'20 to 108.9375 pivot-high region, with 110.5625 and the yearly F0% area representing the next major overhead trend boundary. A reversal below 103.78125 would re-establish a new short-term pivot low and reconnect price with the larger bearish cycle.