Natural Gas Futures Eye Next Move Ahead of Thursday's Inventory Report
Natural gas futures are setting up for their next move as Thursday's inventory report approaches.
The market has seen two bearish reports and one bullish report so far in July, leading to a bearish trend in price action for the month.
The Natural Gas Futures chart shows major monthly support around $2.50, but daily and weekly charts have only minor support at current levels.
Trader Trading-Capital10 is waiting for lower prices before buying the commodity.