Natural gas futures are trading at 4.111, with price action showing medium-sized bars and slow momentum, indicating a lack of strong directional conviction in the short term. The Weekly Session Fib Grid (WSFG) trend is down, with price below the NTZ center, confirming short-term weakness. However, the swing pivot trend is up in the short term, suggesting a possible countertrend bounce or retracement within a broader downtrend. Intermediate-term (monthly) metrics show an uptrend in the MSFG, but this is contradicted by the HiLo swing trend, which remains down, and both the 5- and 10-week moving averages are trending lower. Long-term (yearly) structure is decisively bearish, with all major moving averages (20, 55, 100, 200 week) sloping down and price well below these benchmarks. Resistance levels are stacked far above current price, while support is clustered just below, indicating a market that has recently tested lower levels and is consolidating. The most recent trade signal was a short entry, aligning with the prevailing intermediate and long-term bearish structure. Overall, the market is in a corrective phase with short-term neutral action, but the dominant trend remains bearish on both intermediate and long-term horizons, with rallies likely to encounter significant resistance.