NGAS

Natural gas prices continue to rise due to expectations that both the stock data will increase less than expected and the warmer weather conditions until the end of May will increase air conditioning use and increase energy demand. The course of the US stock markets can be followed throughout the day. As long as the pricing remains in the 2.36 - 2.31 region and above, an upward outlook may be at the forefront. In possible increases, 2.45 and 2.49 levels can be targeted. As long as possible decreases are limited by the 2.36 - 2.31 support, new upside potential may occur. Therefore, it may be necessary to see the course below 2.31 and 4-hour closings for the continuation of the downward desire. In this case, 2.25 and 2.21 levels may come to the agenda. Support: 2.36 - 2.31 Resistance: 2.45 - 2.49