Well like anything 'perceived' to be cheap many wish to buy beaten down markets. And beaten down markets try to base build at or near the lows and that takes time with a lot of sideways choppy price action. It is often referred to as Stage #1 and can go on for months and months. NG is an example of one. But the technicals have worked just fine for bounces and selloffs at support and resistance 'if' short term moves in a sideways market are what one wants to trade. That isn't going to change just for NG. Stage #1 markets are a frustrating stage to trade and other than likely being at or near the ultimate price lows are best left alone until the actual lows are in and price breaks out of the base and actually start an uptrend with price moving from the bottom left to the upper right on the chart with all the typical techncials following suit. I think there are better fish to fry but to each his own.