NGAS

Natural gas futures contracts had shown an upward trend last week, supported by the decline in production activities and the increase in temperature estimates. With the new week, profit sales came to the fore after the highest levels since January were tested. The course of the European and US stock markets can be followed during the day.. We will follow the support areas in the region for now as long as the prices remain at and above the 1.96 - 1.92 support. In possible increases, the 2.02 and 2.08 levels can be targeted. In decreases, as long as the 1.96 - 1.92 support remains current, new upward potential may occur. 4-hour closings below 1.92 may cause the correction area to expand and the averages to be questioned. Support: 1.96 - 1.92 Resistance: 2.02 - 2.08