Commodity Market: Pivot Levels for Thursday (March 30th 2017)

March 30, 2017 6:11 am

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

R1 – $18.272
R2 – $18.292
R3 (Range Resistance – Sell) – $18.313
R4 (Long Breakout) – $18.373
R5 (Breakout Target 1) – $18.444
R6 (Breakout Target 2) – $18.474

S1 – $18.232
S2 – $18.212
S3 (Range Support – Buy) – $18.192
S4 (Short Breakout) – $18.131
S5 (Breakout Target 1) – $18.060
S6 (Breakout Target 2) – $18.030

Copper (HG) for May delivery (1 Pound)

R1 – $2.6803
R2 – $2.6830
R3 (Range Resistance – Sell) – $2.6858
R4 (Long Breakout) – $2.6940
R5 (Breakout Target 1) – $2.7036
R6 (Breakout Target 2) – $2.7077

S1 – $2.6748
S2 – $2.6720
S3 (Range Support – Buy) – $2.6693
S4 (Short Breakout) – $2.6610
S5 (Breakout Target 1) – $2.6514
S6 (Breakout Target 2) – $2.6473

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

R1 – 969.8
R2 – 970.6
R3 (Range Resistance – Sell) – 971.4
R4 (Long Breakout) – 973.8
R5 (Breakout Target 1) – 976.7
R6 (Breakout Target 2) – 977.8

S1 – 968.2
S2 – 967.4
S3 (Range Support – Buy) – 966.6
S4 (Short Breakout) – 964.2
S5 (Breakout Target 1) – 961.3
S6 (Breakout Target 2) – 960.2

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

R1 – 358.8
R2 – 359.2
R3 (Range Resistance – Sell) – 359.6
R4 (Long Breakout) – 360.7
R5 (Breakout Target 1) – 362.1
R6 (Breakout Target 2) – 362.6

S1 – 358.0
S2 – 357.6
S3 (Range Support – Buy) – 357.2
S4 (Short Breakout) – 356.1
S5 (Breakout Target 1) – 354.7
S6 (Breakout Target 2) – 354.2

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

R1 – 425.9
R2 – 426.3
R3 (Range Resistance – Sell) – 426.8
R4 (Long Breakout) – 428.2
R5 (Breakout Target 1) – 429.8
R6 (Breakout Target 2) – 430.4

S1 – 424.9
S2 – 424.5
S3 (Range Support – Buy) – 424.0
S4 (Short Breakout) – 422.7
S5 (Breakout Target 1) – 421.0
S6 (Breakout Target 2) – 420.4

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

R1 – $3.239
R2 – $3.248
R3 (Range Resistance – Sell) – $3.256
R4 (Long Breakout) – $3.282
R5 (Breakout Target 1) – $3.311
R6 (Breakout Target 2) – $3.325

S1 – $3.223
S2 – $3.214
S3 (Range Support – Buy) – $3.206
S4 (Short Breakout) – $3.180
S5 (Breakout Target 1) – $3.151
S6 (Breakout Target 2) – $3.137

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

R1 – $49.62
R2 – $49.74
R3 (Range Resistance – Sell) – $49.85
R4 (Long Breakout) – $50.20
R5 (Breakout Target 1) – $50.60
R6 (Breakout Target 2) – $50.79

S1 – $49.40
S2 – $49.28
S3 (Range Support – Buy) – $49.17
S4 (Short Breakout) – $48.82
S5 (Breakout Target 1) – $48.42
S6 (Breakout Target 2) – $48.23

Where to Trade

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