Prior to the mid 2022 high (138), there were four intermediate term bottoms.
On my monthly, fast money flow (0-100 scale) bottomed for those at 0.01, 0.01, 17 and 24.
The crash wave a year ago, bottomed at 0.02. UNG price has basically gone sideways since.
So it must be a buy at this point, right? Off 120 pts or 85%.
Absolutely not. That fast money flow metric I use is currently at 81. Topping in fact.
Mid to late summer maybe?