Below is a chart of United States Natural Gas Fund from 2008 to 2022, reflecting Price Momentum data.
An investor can choose to allocate their money any time they like. However, there have been few times that allocating at this moment was ideal, especially when the price is well above the historical high end of the range.
Additionally, the overall trend of United States Natural Gas Fund has been down in the long-term and, at present, the short-term.
UNG is a situation where temporary increases make for decent short selling opportunities. For our money, we avoid UNG since we do not have a temperament for these kind of holdings.
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