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IBT: Natural Gas - Daily technical Forecast
 
Natural Gas closed lower on Tuesday and below the 10-day moving average crossing signalling that a short-term top might be in or is near. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are overbought and are turning bearish signalling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.
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