NGAS

Despite a gradual decline, US natural gas futures maintained their course in the 2.04-2.12 range. The course of US stock markets, US Q2 growth data and stock figures to be announced by the US Energy Information Administration can be followed during the day. As long as prices remain above the 2.08-2.02 support, an upward outlook may be at the forefront. In possible increases, 2.18-2.25 levels can be targeted. In possible decreases, the attitude of the 2.08-2.02 support can be followed. A break of this support and hourly closings in the region may bring the 1.98 and 1.92 levels to our agenda. Support: 2.08-2.02 Resistance: 2.18-2.25