Natural Gas Futures Eye Inventory Report Ahead of Next Move

Natural gas futures are setting up for their next move ahead of Thursday's inventory report. The commodity has seen two bearish reports and one bullish report so far this month, with price action following a bearish trend in July.

The Natural Gas Futures chart shows major monthly support around $2.50, but the daily and weekly charts have only minor support at current levels. According to Trading-Capital10, they are waiting for lower prices to buy up the commodity.