NGAS

US natural gas futures experienced an effective pullback last week with profit sales. Following the contract change, we are following a trend above $2.50. In addition to weather conditions, stock and production figures will be monitored throughout the week. As long as prices remain above the 2.53-2.47 support supported by the 20 and 50-period exponential moving averages, an upward outlook may be at the forefront. In possible increases, 2.62 and 2.65 levels may be targeted. In possible decreases, the attitude of the 2.53-2.47 support may be monitored. A break of this support and hourly closings in the region may bring the 2.49 and 2.45 levels to our agenda. Support: 2.53-2.47 Resistance: 2.62-2.65