NGAS

Following its recent rally, the natural gas futures contract fell below averages with an effective profit taking. The bankruptcy filing of a contractor company operating in Golden Pass, one of the export facilities in the US, was effective in this. This development, which threatened optimism regarding exports, highlighted the idea that there may be abundant supply in the US again. The course of European and US stock exchanges can be followed during the day. As long as the prices remain at and above the 2.55 - 2.52 support, an upward outlook may be at the forefront. In possible increases, the 2.62 and 2.66 levels can be targeted. In possible decreases, the attitude of the 2.55 - 2.52 support can be followed. The breakdown of this support and hourly closings in the region may bring the 2.48 and 2.42 levels to our agenda. Support: 2.55 - 2.52 Resistance: 2.62 - 2.66