NGAS

The natural gas futures contract continues to be under pressure with weak export sales and mild weather conditions for April. The fact that the price increases exceeding 7% on the European side are not reflected in the futures contracts really draws our attention. The course of the US stock markets can be followed later in the day. The lowest levels of approximately one month were tested with the decline that occurred yesterday. The course of the European and US stock markets can be followed during the day. As long as the pricing remains below the 1.66 - 1.72 resistance in the upcoming process, the downward view may be at the forefront. In possible declines, 1.60 - 1.56 levels can be targeted. In possible recoveries, the attitude of the 1.66 - 1.72 resistance can be followed. The breaking of this resistance and 4-hour closings in the region may bring the 1.76 and 1.78 levels to our agenda. Support: 1.60 - 1.56 Resistance: 1.66 - 1.72