Natural Gas Futures Gear Up for Next Move Amid Inventory Report

Natural gas futures are setting up for their next move as the industry awaits Thursday's inventory report.

The month of July has seen two bearish reports and one bullish report so far, with price action following a bearish trend.

Support levels on the natural gas futures chart show major monthly support around $2.50, while the daily and weekly charts have minor support at current levels.

Trading-Capital9 is personally waiting for lower prices to buy up the commodity, citing concerns about Thursday's report potentially coming in weak.