793×261

NATURAL GAS closed lower on Friday and the lowrange close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible nearterm. Today's close below the reaction low crossing confirms that a shortterm top has been posted. If it renews the rally off August's low, the 50% retracement level of the 20112012decline crossing is the next upside target.

Copyright HY Markets All rights reserved.