NATURAL GAS closed lower due to profit taking on Thursday as it consolidated some of this week's rally. The midrange close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are bearish signalling that sideways to higher prices are possible nearterm. If it renews the rally off August's low, the reaction high 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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