During the past 16 months, the natural gas market (/NG) has experienced a significant downturn, yet indications suggest that prices have now entered "oversold" territory. When commodity prices reach extremes, they often undergo overcorrection as the market seeks equilibrium. Following a substantial correction of over 70%, natural gas prices seem poised to stabilize or potentially initiate a reversal. Since August 2022, prices have plummeted from around $9.25/MMBtu to $2.50/MMBtu. During the last 52 weeks, the United States Natural Gas Fund (UNG) has seen a decline of approximately 53%.