NATURAL GAS closed higher on Wednesday and the highrange close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI remain neutral to bullish signalling that additional gains are possible nearterm. If it extends the rally off April's low, the reaction high crossing is the next upside target. Closes below the 20day moving average crossing would temper the nearterm friendly outlook. If it renews the multiyear decline, monthly support crossing is the next downside target.
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