International Business Times
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July 18, 2012 1:46 PM GMT

HY Markets

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NATURAL GAS closed slightly lower due to profit taking on Tuesday. The midrange close sets the stage for a steady opening on Wednesday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible nearterm. Closes below the reaction low crossing are needed to confirm that a shortterm top has been posted. If it renews the rally off June's low, February's high crossing is the next upside target.

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