NATURAL GAS closed sharply higher on Thursday. The highrange close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible nearterm. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted. If it renews the rally off August's low, the 50% retracement level of the 20112012decline crossing is the next upside target.
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