NG Henry Hub Natural Gas Futures Weekly Chart Analysis: 2026-Jan-02 07:09 CT

Price Action

• Last: 3.585,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -44%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -31%
• 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 3.314,
• 4. Pvt. Next: Pvt high 4.193,
• 5. Levels R: 14.276, 11.147, 6.422, 5.013,
• 6. Levels S: 3.314, 3.088, 3.068, 2.988, 2.708.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 3.804 Down Trend,
• (Intermediate-Term) 10 Week: 4.034 Down Trend,
• (Long-Term) 20 Week: 3.814 Down Trend,
• (Long-Term) 55 Week: 4.139 Down Trend,
• (Long-Term) 100 Week: 5.072 Down Trend,
• (Long-Term) 200 Week: 5.972 Down Trend.

Recent Trade Signals

• 02 Jan 2026: Short NG 02-26 @ 3.585 Signals.USAR-MSFG
• 31 Dec 2025: Short NG 02-26 @ 3.808 Signals.USAR.TR120
• 31 Dec 2025: Short NG 02-26 @ 3.852 Signals.USAR-WSFG
• 29 Dec 2025: Long NG 02-26 @ 3.972 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

Natural Gas futures are exhibiting a persistent bearish structure across all timeframes. Price is trading below all major moving averages, with each benchmark MA (5, 10, 20, 55, 100, 200 week) trending downward, confirming sustained downside momentum. The WSFG, MSFG, and YSFG all show price below their respective NTZ/F0% levels, reinforcing the prevailing downtrend. Swing pivot analysis highlights a dominant downtrend in both short- and intermediate-term trends, with the most recent pivot low at 3.314 and the next potential resistance at 4.193. Multiple resistance levels remain well above current price, while support is clustered just below, suggesting limited immediate downside but no sign of reversal. Recent trade signals are predominantly short, aligning with the technical picture. The market appears to be in a prolonged corrective or distribution phase, with no evidence yet of a base or significant bounce. Volatility is moderate, and price action is characterized by lower highs and lower lows, typical of a trending bear market environment.