Natural Gas - Daily technical Forecast

By IBTimes Staff Reporter | February 15 2010 1:52 PM

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Natural Gas closed higher on Friday as it extended this month's trading range. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning neutral to bullish hinting that sideways to higher prices are possible near-term. Closes above the reaction high crossing are needed to confirm a breakout of the aforementioned trading range.

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