Commodity Market: Pivot Levels for Monday (June 12th 2017)

June 12, 2017 6:05 am

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

R1 – $17.254
R2 – $17.285
R3 (Range Resistance – Sell) – $17.317
R4 (Long Breakout) – $17.410
R5 (Breakout Target 1) – $17.519
R6 (Breakout Target 2) – $17.564

S1 – $17.192
S2 – $17.161
S3 (Range Support – Buy) – $17.130
S4 (Short Breakout) – $17.036
S5 (Breakout Target 1) – $16.927
S6 (Breakout Target 2) – $16.882

Copper (HG) for July delivery (1 Pound)

R1 – $2.6545
R2 – $2.6595
R3 (Range Resistance – Sell) – $2.6645
R4 (Long Breakout) – $2.6795
R5 (Breakout Target 1) – $2.6970
R6 (Breakout Target 2) – $2.7051

S1 – $2.6445
S2 – $2.6395
S3 (Range Support – Buy) – $2.6345
S4 (Short Breakout) – $2.6195
S5 (Breakout Target 1) – $2.6020
S6 (Breakout Target 2) – $2.5939

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

R1 – 942.4
R2 – 943.5
R3 (Range Resistance – Sell) – 944.5
R4 (Long Breakout) – 947.7
R5 (Breakout Target 1) – 951.3
R6 (Breakout Target 2) – 952.9

S1 – 940.4
S2 – 939.3
S3 (Range Support – Buy) – 938.3
S4 (Short Breakout) – 935.1
S5 (Breakout Target 1) – 931.5
S6 (Breakout Target 2) – 929.9

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

R1 – 388.4
R2 – 389.2
R3 (Range Resistance – Sell) – 390.0
R4 (Long Breakout) – 392.4
R5 (Breakout Target 1) – 395.3
R6 (Breakout Target 2) – 396.6

S1 – 386.8
S2 – 386.0
S3 (Range Support – Buy) – 385.2
S4 (Short Breakout) – 382.8
S5 (Breakout Target 1) – 379.9
S6 (Breakout Target 2) – 378.6

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

R1 – 446.6
R2 – 447.5
R3 (Range Resistance – Sell) – 448.5
R4 (Long Breakout) – 451.4
R5 (Breakout Target 1) – 454.8
R6 (Breakout Target 2) – 456.2

S1 – 444.6
S2 – 443.7
S3 (Range Support – Buy) – 442.7
S4 (Short Breakout) – 439.8
S5 (Breakout Target 1) – 436.4
S6 (Breakout Target 2) – 435.0

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

R1 – $3.042
R2 – $3.046
R3 (Range Resistance – Sell) – $3.049
R4 (Long Breakout) – $3.060
R5 (Breakout Target 1) – $3.072
R6 (Breakout Target 2) – $3.077

S1 – $3.036
S2 – $3.032
S3 (Range Support – Buy) – $3.029
S4 (Short Breakout) – $3.018
S5 (Breakout Target 1) – $3.006
S6 (Breakout Target 2) – $3.001

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

R1 – $45.91
R2 – $46.00
R3 (Range Resistance – Sell) – $46.08
R4 (Long Breakout) – $46.33
R5 (Breakout Target 1) – $46.62
R6 (Breakout Target 2) – $46.75

S1 – $45.75
S2 – $45.66
S3 (Range Support – Buy) – $45.58
S4 (Short Breakout) – $45.33
S5 (Breakout Target 1) – $45.04
S6 (Breakout Target 2) – $44.91

Where to Trade

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