International Business Times
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July 9, 2012 10:03 AM GMT

HY Markets

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NATURAL GAS posted a key reversal down on Friday and the lowrange close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning neutral to bearish hinting that a shortterm top might be in or is near. Multiple closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted. If it extends the rally off June's low, February's high crossing is the next upside target.

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