NATURAL GAS closed higher on Thursday as it extends the rally off June's low. The highrange close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are diverging but are bullish again signalling that sideways to higher prices are possible nearterm. If it extends the rally off June's low, February's high crossing is the next upside target. Multiple closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted.