Natural Gas closed lower on Wednesday as it extended this week's decline. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing are needed to confirm that a short-term top has been posted. If it renews the rally off May's low, the reaction high crossing is the next upside target.