NATURAL GAS closed higher on Friday. The midrange close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are diverging but turning neutral to bullish signalling that sideways to higher prices are possible nearterm. If it renews the rally off August's low, the 50% retracement level of the 20112012decline crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted.
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