Natural Gas closed lower on Thursday as it consolidates the trading range of the past five days. The mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI are oversold but remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends this year's decline, weekly support crossing is the next downside target. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted.