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NATURAL GAS closed lower due to profit taking on Monday and the lowrange close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off August's low, the 50% retracement level of the 20112012decline crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted.

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