NGAS

While the recent acceleration of the flow to the Freeport liquid natural gas facility and the positive impact of hot weather forecasts on the demand outlook positively affected the natural gas futures contract, we saw profit sales coming to the forefront in the Asian session. The course of the European and US stock markets can be followed during the day. As long as the prices remain at and above the 1.96 - 1.90 support supported by the 20-period exponential moving average, the upward view may be at the forefront. In possible increases, the 2.08 and 2.15 levels can be targeted. As long as possible decreases are limited to the 1.96 - 1.90 support, new upside potential may occur. Therefore, it may be necessary to see the course below 1.90 and 4-hour closings for the continuation of the downward desire. In this case, the 1.84 and 1.78 levels may come to the fore. Support: 1.96 - 1.90 Resistance: 2.08 - 2.15