NGAS

US natural gas futures, despite being subject to profit taking after testing the 3.150 resistance, maintained their gains on a weekly basis. The course of European and US stock markets can be followed during the day. As long as prices remain above the 2.94-2.90 support, an upward outlook may be at the forefront. In possible increases, 3.125 and 3.150 levels can be targeted. In possible decreases, the attitude of the 2.94-2.90 support can be monitored. A break of this support and possible hourly closings in the region may bring the 2.86 and 2.82 levels to our agenda. Support: 2.94-2.90 Resistance: 3.12-3.15