Natural Gas closed lower on Thursday ending a two-day short covering rally. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted. If it renews the rally off December's low, the 50% retracement level of the June-October-decline crossing is the next upside target.