Natural Gas closed higher due to short covering on Tuesday and the high range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near term. If it extends the decline off May's high, the 87% retracement level of this year's rally crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a short term low has been posted.