NGAS

US natural gas futures continued to maintain gains with the warm weather forecast for June. However, at least for now, a hesitant course is being followed regarding the new peak. 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. As long as the prices remain above the 2.55-2.49 support supported by the 20- and 50-period exponential moving averages, the upward trend may be at the forefront. In possible increases, the 2.64 and 2.69 levels can be targeted. In possible decreases, the attitude of the 2.55-2.49 support can be monitored. A break of this support and hourly closings in the region may bring the 2.45 and 2.39 levels to our agenda. Support: 2.55-2.49 Resistance: 2.64-2.69