ANALYSIS
NQ100 Finds Support from PPIApr 14
NGK23 is Suppressed Under The Downtrend
Although the commodity, which is under the downtrend, shows limited recovery, it cannot end its pressured outlook. While the 2.10 level is in the critical support position in Natgas, which is on the minor uptrend, it can accelerate the declines towards 2.04, which is the 61.8% Fibonacci expansion level, and then 1.93 support on possible crossovers below this zone. On the other hand, 2.18 level, which coincides with the downtrend, may come to the fore in the recovery that may occur with staying above the 2.10 support.
