Upon analysis of natural gas futures' current movements, the short-term looks to be extremely volatile as both bears and bulls have their supportive reasons to remain aggressive now.
Undoubtedly, the opening levels could be the primary indicator for further directional moves during the upcoming week amid forecasts for the weather to remain hotter from June 21-26, which could keep sentiments on the bullish side.
On the other hand, the extension of the export outage after the Freeport incident for the next 90-days could result in the trapping of more natural gas in US markets that could extend bearish sentiments among the traders.
Price direction can fluctuate at any time due to the fluid demand-supply equation resulting from the growing influence of geopolitical moves, e.g., avoiding Russian gas, support for Ukraine’s European bloc candidacy, and the increasing pressure for more punitive measures by the Biden administration on Russia for its invasion of Ukraine.
On the daily chart, NG found heavy selling pressure above the upper end of the Ichimoku Clouds during the last week, resulting in the formation of an exhaustive candle on June 16, confirmed by the bearish candle formed on June 17. 
NG closed last week much below the 200 DMA, and the lower end of the Ichimoku Clouds, as seen on the above hourly chart. The commodity could extend its exhaustion should the upcoming week start with a gap-down opening.
Natural gas futures could experience extraordinary volatility during the upcoming week, with a move from $5.564 to $8.568 that could turn the commodity into a double-edged sword through to June 30.
Disclaimer: The author of this analysis does not have any position in Natural Gas futures. Readers are advised to take any position at their own risk; as Natural Gas is one of the most liquid commodities of the world.