Commodity Market: Pivot Levels for Wednesday (April 26th 2017)

April 26, 2017 6:01 am

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

R1 – $17.701
R2 – $17.743
R3 (Range Resistance – Sell) – $17.786
R4 (Long Breakout) – $17.912
R5 (Breakout Target 1) – $18.060
R6 (Breakout Target 2) – $18.121

S1 – $17.617
S2 – $17.575
S3 (Range Support – Buy) – $17.533
S4 (Short Breakout) – $17.406
S5 (Breakout Target 1) – $17.258
S6 (Breakout Target 2) – $17.197

Copper (HG) for July delivery (1 Pound)

R1 – $2.5954
R2 – $2.5997
R3 (Range Resistance – Sell) – $2.6041
R4 (Long Breakout) – $2.6171
R5 (Breakout Target 1) – $2.6324
R6 (Breakout Target 2) – $2.6391

S1 – $2.5866
S2 – $2.5823
S3 (Range Support – Buy) – $2.5779
S4 (Short Breakout) – $2.5649
S5 (Breakout Target 1) – $2.5496
S6 (Breakout Target 2) – $2.5429

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

R1 – 965.6
R2 – 966.2
R3 (Range Resistance – Sell) – 966.9
R4 (Long Breakout) – 968.7
R5 (Breakout Target 1) – 970.9
R6 (Breakout Target 2) – 971.8

S1 – 964.4
S2 – 963.8
S3 (Range Support – Buy) – 963.1
S4 (Short Breakout) – 961.3
S5 (Breakout Target 1) – 959.1
S6 (Breakout Target 2) – 958.2

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

R1 – 372.7
R2 – 373.8
R3 (Range Resistance – Sell) – 375.0
R4 (Long Breakout) – 378.3
R5 (Breakout Target 1) – 382.2
R6 (Breakout Target 2) – 384.1

S1 – 370.5
S2 – 369.4
S3 (Range Support – Buy) – 368.2
S4 (Short Breakout) – 364.9
S5 (Breakout Target 1) – 361.0
S6 (Breakout Target 2) – 359.1

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

R1 – 428.2
R2 – 429.4
R3 (Range Resistance – Sell) – 430.6
R4 (Long Breakout) – 434.3
R5 (Breakout Target 1) – 438.5
R6 (Breakout Target 2) – 440.5

S1 – 425.8
S2 – 424.6
S3 (Range Support – Buy) – 423.4
S4 (Short Breakout) – 419.7
S5 (Breakout Target 1) – 415.5
S6 (Breakout Target 2) – 413.5

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

R1 – $3.170
R2 – $3.175
R3 (Range Resistance – Sell) – $3.180
R4 (Long Breakout) – $3.195
R5 (Breakout Target 1) – $3.213
R6 (Breakout Target 2) – $3.221

S1 – $3.160
S2 – $3.155
S3 (Range Support – Buy) – $3.150
S4 (Short Breakout) – $3.135
S5 (Breakout Target 1) – $3.117
S6 (Breakout Target 2) – $3.109

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

R1 – $49.65
R2 – $49.74
R3 (Range Resistance – Sell) – $49.82
R4 (Long Breakout) – $50.09
R5 (Breakout Target 1) – $50.40
R6 (Breakout Target 2) – $50.53

S1 – $49.47
S2 – $49.38
S3 (Range Support – Buy) – $49.30
S4 (Short Breakout) – $49.03
S5 (Breakout Target 1) – $48.72
S6 (Breakout Target 2) – $48.59

Where to Trade

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