Natural Gas Futures Set Up for Next Move Ahead of Thursday's 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 this month, with price action following a bearish trend.
The monthly support level is around $2.50 on the Natural Gas Futures chart, but the daily and weekly charts show only minor support at current levels.
According to Trading-Capital8, 'I'm personally waiting for lower prices to buy up this commodity.'