Natural Gas gas closed higher due to short covering on Tuesday as it consolidated some of this month's decline. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends the decline off this month's high, the 87% retracement level of the March-June rally crossing is the next downside target.
