ZB U.S. Treasury Bond Futures Daily Chart Analysis: 2026-Nov-12 15:17 CT

Price Action

Last: 105.68750,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

Short-Term
WSFG Current: -102%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Nov

Intermediate-Term
MSFG Current: -38%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -40%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 105.68750,
4. Pvt. Next: Pvt high 108.06250,
5. Levels R: 132.87500, 131.43750, 127.62500, 125.87500, 125.31250,
6. Levels S: 105.68750, 101.15625.

Daily Benchmarks

(Short-Term) 5 Day: 108.00000 Down Trend,
(Short-Term) 10 Day: 107.87500 Down Trend,
(Intermediate-Term) 20 Day: 107.12500 Down Trend,
(Intermediate-Term) 55 Day: 106.90625 Up Trend,
(Long-Term) 100 Day: 108.06250 Down Trend,
(Long-Term) 200 Day: 110.59375 Down Trend.

Additional Metrics

ATR: 37,
VOLMA: 602081.

Overall Rating

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

Key Insights Summary

The October recovery from 101.15625 reversed at 109.06250, below the prior visible swing highs at 110.06250 and 114.18750. This lower-high sequence places the recovery within a broader bearish structure rather than a confirmed trend reversal. Recent large declining candles show accelerating downside momentum, with price below November’s neutral trading zone and all six benchmark averages. The rising 55-day average is the principal countertrend exception, but price has fallen beneath it. The evolving low at 105.68750 is the immediate support reference, followed by the October low at 101.15625; the next opposite-pivot threshold is 108.06250. Weekly, monthly and yearly grid readings reinforce the bearish alignment. ATR has eased from its October peak despite the sharp recent decline. Named trade-signal readings and news or seasonal catalysts are not supplied, so they cannot be independently assessed.