Commodity Market: Pivot Levels for Monday (March 27th 2017)

March 27, 2017 5:49 am

Silver (SI) for May delivery (1 Troy Ounce)

R1 – $17.772
R2 – $17.796
R3 (Range Resistance – Sell) – $17.820
R4 (Long Breakout) – $17.891
R5 (Breakout Target 1) – $17.975
R6 (Breakout Target 2) – $18.011

S1 – $17.724
S2 – $17.700
S3 (Range Support – Buy) – $17.677
S4 (Short Breakout) – $17.605
S5 (Breakout Target 1) – $17.521
S6 (Breakout Target 2) – $17.485

Copper (HG) for May delivery (1 Pound)

R1 – $2.6343
R2 – $2.6375
R3 (Range Resistance – Sell) – $2.6408
R4 (Long Breakout) – $2.6505
R5 (Breakout Target 1) – $2.6619
R6 (Breakout Target 2) – $2.6667

S1 – $2.6277
S2 – $2.6245
S3 (Range Support – Buy) – $2.6212
S4 (Short Breakout) – $2.6115
S5 (Breakout Target 1) – $2.6001
S6 (Breakout Target 2) – $2.5953

Soybeans (ZS) for May delivery (in US cents per 1 Bushel)

R1 – 977.3
R2 – 979.0
R3 (Range Resistance – Sell) – 980.8
R4 (Long Breakout) – 985.9
R5 (Breakout Target 1) – 992.0
R6 (Breakout Target 2) – 994.5

S1 – 973.9
S2 – 972.2
S3 (Range Support – Buy) – 970.4
S4 (Short Breakout) – 965.3
S5 (Breakout Target 1) – 959.2
S6 (Breakout Target 2) – 956.7

Corn (ZC) for May delivery (in US cents per 1 Bushel)

R1 – 356.5
R2 – 356.7
R3 (Range Resistance – Sell) – 357.0
R4 (Long Breakout) – 357.7
R5 (Breakout Target 1) – 358.6
R6 (Breakout Target 2) – 359.0

S1 – 355.9
S2 – 355.7
S3 (Range Support – Buy) – 355.4
S4 (Short Breakout) – 354.7
S5 (Breakout Target 1) – 353.8
S6 (Breakout Target 2) – 353.4

Chicago Soft Red Winter Wheat (SRW) for May delivery (in US cents per 1 Bushel)

R1 – 425.1
R2 – 425.6
R3 (Range Resistance – Sell) – 426.1
R4 (Long Breakout) – 427.7
R5 (Breakout Target 1) – 429.5
R6 (Breakout Target 2) – 430.3

S1 – 424.1
S2 – 423.6
S3 (Range Support – Buy) – 423.1
S4 (Short Breakout) – 421.5
S5 (Breakout Target 1) – 419.7
S6 (Breakout Target 2) – 418.9

Natural Gas (NG) for April delivery (1 Mmbtu)

R1 – $3.083
R2 – $3.090
R3 (Range Resistance – Sell) – $3.097
R4 (Long Breakout) – $3.118
R5 (Breakout Target 1) – $3.142
R6 (Breakout Target 2) – $3.154

S1 – $3.069
S2 – $3.062
S3 (Range Support – Buy) – $3.055
S4 (Short Breakout) – $3.034
S5 (Breakout Target 1) – $3.010
S6 (Breakout Target 2) – $2.998

Crude Oil (CL) for May delivery (1 Barrel)

R1 – $48.03
R2 – $48.09
R3 (Range Resistance – Sell) – $48.15
R4 (Long Breakout) – $48.33
R5 (Breakout Target 1) – $48.54
R6 (Breakout Target 2) – $48.64

S1 – $47.91
S2 – $47.85
S3 (Range Support – Buy) – $47.79
S4 (Short Breakout) – $47.61
S5 (Breakout Target 1) – $47.40
S6 (Breakout Target 2) – $47.30

Where to Trade

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