Natural Gas Futures Trending Downwards Amid Expectations of Weak Inventory Report
Natural gas futures have been following a bearish trend in July, according to Trading-Capital10.
The month has seen two bearish reports and one bullish report so far.
Trading-Capital10 believes the price action suggests that natural gas may see more bearish trends in the future.
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.