The FGBL Euro-Bund Futures weekly chart shows a market in transition. Price action is consolidating with medium bars and slow momentum, reflecting indecision after recent swings. Short-term (WSFG) and intermediate-term (MSFG) session fib grid trends are both up, with price holding above their respective NTZ centers, suggesting a potential for further upside in the near to intermediate term. However, the long-term (YSFG) trend remains down, with price below the yearly NTZ center and all major long-term moving averages trending lower, indicating persistent bearish pressure. Swing pivots highlight a short-term downtrend but an intermediate-term uptrend, with the most recent pivot low at 128.37 and the next resistance at 130.27. Key resistance levels cluster around 130.99 and above, while support is found at 128.37 and lower at 127.62 and 125.33. The recent trade signals show mixed activity, with both long and short entries in the past week, reflecting the choppy, range-bound nature of the current market. Overall, the chart suggests a market caught between a developing intermediate-term recovery and a dominant long-term downtrend. The price is testing the lower end of a broad consolidation range, with potential for short-term bounces but facing significant resistance overhead. The environment is characterized by volatility, mean reversion, and a lack of clear directional conviction, making it a battleground between trend continuation and countertrend retracements.