ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Nov-07 07:10 CT

Price Action

Last: 108.15625,
Bars: Medium,
Mom: slow.

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 109.06250,
4. Pvt. Next: Pvt low 108.87500,
5. Levels R: 132.87500, 131.43750, 127.62500, 125.87500, 125.31250,
6. Levels S: 101.15625.

Daily Benchmarks

(Short-Term) 5 Day: 108.06250 Up Trend,
(Short-Term) 10 Day: 107.65625 Up Trend,
(Intermediate-Term) 20 Day: 106.28125 Up Trend,
(Intermediate-Term) 55 Day: 108.78125 Up Trend,
(Long-Term) 100 Day: 108.28125 Up Trend,
(Long-Term) 200 Day: 110.71875 Down Trend.

Additional Metrics

ATR: 35,
VOLMA: 450837.

Overall Rating

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

Key Insights Summary

The daily structure reflects a sharp October reversal from the 101 area followed by a strong recovery sequence of higher lows and higher highs. Price remains above the short-term 5-day and 10-day benchmarks and above the weekly and monthly F0% areas, supporting the current short-term UTrend. The latest candle action is consolidating beneath the 109.06250 pivot-high reversal threshold and the declining 55-day average near 108.78125, leaving momentum slower after the recent vertical advance. Intermediate conditions are improving through the rising 20-day average and positive November MSFG position, although the HiLo pivot structure remains classified as DTrend. The broader trend remains bearish because price is still below the declining 200-day benchmark and the yearly grid remains below F0%, framing the current recovery as a substantial countertrend rally within a weaker long-term cycle.