Natural Gas Futures Eye Inventory Report for Next Move

Natural gas futures are setting up for their next move as traders await 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.

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. This raises concerns that if Thursday's report comes in weak, prices may drop further.

Trading-Capital9 is waiting for lower prices to buy up this commodity, indicating a cautious approach to investing in natural gas futures.