NGAS

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NGAS

US natural gas futures continued to sell profits along with the recovery in production and reinforced their course below averages. The course of European and US stock markets and the stock figures to be announced by the US Energy Information Administration can be followed during the day. In addition to weather conditions, stock and production figures will be followed during these last 2 days. As long as the prices remain above the 2.42 - 2.37 support supported by the 20 and 50 period exponential moving averages, the upward view may be at the forefront. In possible increases, 2.49 and 2.55 levels can be targeted. In possible decreases, the attitude of the 2.42 - 2.37 support can be followed. The breakdown of this support and hourly closings in the region may bring the 2.35 and 2.29 levels to our agenda. Support: 2.42 - 2.37 Resistance: 2.49 - 2.55