NATURAL GAS closed lower on Wednesday ending a twoday bounce off Monday's low. The midrange close sets the stage for a steady opening on Thursday. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off July's high, the reaction low crossing is the next downside target. Closes above the 10day moving average crossing would temper the nearterm bearish outlook.