NGAS

US natural gas futures continue to be under pressure from expectations of increased production and lower demand. Although the temperature did not significantly reduce the effect on demand, the weak flow to liquid natural gas facilities that provided increased production and exports in June seems to have affected this picture. The course of European and US stock markets can be followed during the day. As long as prices remain above the 2.32 - 2.26 support, an upward outlook may be at the forefront. In possible increases, 2.42 and 2.48 levels can be targeted. In possible decreases, the attitude of the 2.32 - 2.26 support can be monitored. A break of this support and hourly closings in the region may bring the 2.22 and 2.14 levels to our agenda. Support: 2.32 - 2.26 Resistance: 2.42 - 2.48