UNG (natural gas ETF) 16% up 24% down...

30 нояб. 2019 г.

My intention was to analyze the NG exchange rate. Even so, I still chose his ETF. The fractal motion is much more visible in this. That is why I would like to present this. It is clear from the movement of the exchange rate that Friday's big fall (7%) was an expected process. The figure clearly shows that a fractal sequence has been completed. It is also clear that the original fractal is copied in a 2: 1 ratio. This copy has been slow for a month now. Therefore, I assume that further movement follows similar regularity. This means that NG and its ETF will turn north in the coming days. The ETF may increase by 16%. But from that level, another decline may begin. Nearly 24%. I am expecting the bottom of the ETF to be 15.44 usd. Then the most interesting thing happens. I assume that NG can start an amazing rise after 14 years. I also recommend this for a longer term investment.