Natural Gas Prices Await Thursday's Inventory Report for Next Move
Natural gas prices are preparing for their next move as investors await 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 significant monthly support around $2.50, but the daily and weekly charts have only minor support at current levels.
Trading-Capital10 is waiting for lower prices to buy natural gas, suggesting that Thursday's report could be a catalyst for further price movement.