NGAS

The US natural gas futures contract continued its upward trend after the increased cooling demand due to weather conditions and the decrease in production provided support. The course of European and US stock markets can be followed during the day. As long as the prices remain at and above the 2,650 - 2,591 support, an upward outlook may be at the forefront. In possible increases, the 2,775 and 2,820 levels can be targeted. In possible decreases, the attitude of the 2,650 - 2,691 support can be followed. A break of this support and hourly closings in the region may bring the 2,610 and 2,570 levels to our agenda. Support: 2.65 - 2.59 Resistance: 2.77 - 2.82