Natural Gas closed lower on Thursday as it consolidates some of Wednesday's rally. Stochastics and the RSI are turning bullish signalling that sideways to higher prices are possible near-term. If it renews the rally off October's low, the 38% retracement level of the June-October decline crossing is the next upside target. Closes below the reaction low crossing are needed to confirm that a short-term top has been posted.
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