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NATURAL GAS closed higher on Monday and the highrange close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are diverging but are bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off June's low, the 38% retracement level of the 20112012decline crossing is the next upside target. Closes below the reaction low crossing are needed to confirm that a shortterm top has been posted.