NGAS

Following the data indicating that natural gas stocks in the US increased below expectations (increase of 59 billion cubic feet, expectation of 68 billion cubic feet), an upward trend was followed in futures contracts. In the Asian session, we saw that profit sales were at the forefront. We will follow the support areas in the region for now, as the course of the European and US stock exchanges can be followed during the day. As long as the prices remain at and above the 1.78 - 1.72 support, the upward view may be one step ahead. In possible increases, 1.88 and 1.92 levels can be targeted. In decreases, as long as the 1.78 - 1.72 support remains current, new upward potential may occur. 4-hour closings below 1.72 may cause the correction area to expand and the averages to be questioned. Support: 1.78 - 1.72 Resistance: 1.88 - 1.92