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Natural Gas closed higher on Wednesday as it consolidated some of this summer's decline. The mid-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI are turning bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it extends the decline off July's high, the October 2010 low on the monthly continuation chart crossing is the next downside target.