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NATURAL GAS closed lower on Wednesday. The lowrange close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI have turned bearish signalling that sideways to lower prices are possible nearterm. Multiple closes below the 20day moving average crossing would confirm that a shortterm top has been posted. If it extends the rally off August's low, the 50% retracement level of the 20112012decline crossing is the next upside target.

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