Natural Gas Futures Eye Support at $2.50 Ahead of Thursday's Inventory Report
Natural gas futures are setting up for their next move as they approach Thursday's inventory report.
The month of July has seen two bearish reports and one bullish report, 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.
Trading-Capital10, a TradingView user, is waiting for lower prices to buy up this commodity.