Natural Gas Futures Set Up for Next Move Ahead of Inventory Report

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

The Natural Gas Futures chart shows major monthly support around $2.50, while the daily and weekly charts have some minor support at current levels. However, if Thursday's report comes in weak, this support may not hold.

Trading-Capital10 is waiting for a lower price to buy up this commodity, suggesting that it's a good time to be cautious with investments.