NGAS

After starting the week with losses, U.S. natural gas futures recovered these losses and reached Friday's closing levels. The struggle continues between the strong course of U.S. production and the balanced demand outlook created by the expectation of rising temperatures. As long as prices remain above the 2.23-2.18 support, an upward outlook may be at the forefront. In possible increases, 2.32 and 2.37 levels may be targeted. In possible decreases, the attitude of the 2.23-2.18 support may be monitored. A break of this support and possible hourly closings in the region may bring the 2.11 and 2.04 levels to our agenda. Support: 2.23-2.18 Resistance: 2.32-2.37