Uncertainty On U.S Natural Gas As Indicators Remain Neutral

 | Mar 18, 2013 07:32AM ET

Natural Gas natural gas closed higher on Friday. The low range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain neutral to bullish, signalling that sideways to higher prices are possible near term. If it extends the rally off February's low, November's high crossing is the next upside target. Closes below the 20day moving average crossing are needed to confirm that a short term top has been posted.