NGAS

The US natural gas futures contract for NGAS has been in a tight spot following the decline that occurred yesterday. The fact that the weather forecasts for the upcoming period are not yet supportive had an impact on yesterday's declines. The course of the European and US stock markets can be followed during the day. The course of the European and US stock markets can be followed during the day. As long as the pricing remains below the 1.72 resistance in the upcoming period, a downward outlook may be at the forefront. In possible declines, 1.66 and 1.61 levels can be targeted. In possible recoveries, as long as the 1.72 resistance remains current, a new downward potential may occur. Therefore, it may be necessary to see the course above 1.72 and 4-hour closings for the continuation of the upward desire. In this case, the levels of 1.78 and 1.83 may come to the agenda. Support: 1.66 - 1.61 Resistance: 1.72 - 1.78