Commodity Market: Pivot Levels for Thursday (June 15th 2017)

June 15, 2017 6:03 am

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

R1 – $17.189
R2 – $17.241
R3 (Range Resistance – Sell) – $17.294
R4 (Long Breakout) – $17.452
R5 (Breakout Target 1) – $17.637
R6 (Breakout Target 2) – $17.723

S1 – $17.083
S2 – $17.031
S3 (Range Support – Buy) – $16.978
S4 (Short Breakout) – $16.820
S5 (Breakout Target 1) – $16.635
S6 (Breakout Target 2) – $16.549

Copper (HG) for July delivery (1 Pound)

R1 – $2.5776
R2 – $2.5817
R3 (Range Resistance – Sell) – $2.5857
R4 (Long Breakout) – $2.5980
R5 (Breakout Target 1) – $2.6123
R6 (Breakout Target 2) – $2.6182

S1 – $2.5694
S2 – $2.5653
S3 (Range Support – Buy) – $2.5613
S4 (Short Breakout) – $2.5490
S5 (Breakout Target 1) – $2.5347
S6 (Breakout Target 2) – $2.5288

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

R1 – 932.3
R2 – 933.1
R3 (Range Resistance – Sell) – 933.8
R4 (Long Breakout) – 936.0
R5 (Breakout Target 1) – 938.6
R6 (Breakout Target 2) – 939.6

S1 – 930.9
S2 – 930.1
S3 (Range Support – Buy) – 929.4
S4 (Short Breakout) – 927.2
S5 (Breakout Target 1) – 924.6
S6 (Breakout Target 2) – 923.6

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

R1 – 377.8
R2 – 378.5
R3 (Range Resistance – Sell) – 379.3
R4 (Long Breakout) – 381.6
R5 (Breakout Target 1) – 384.3
R6 (Breakout Target 2) – 385.4

S1 – 376.2
S2 – 375.5
S3 (Range Support – Buy) – 374.7
S4 (Short Breakout) – 372.4
S5 (Breakout Target 1) – 369.7
S6 (Breakout Target 2) – 368.6

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

R1 – 444.0
R2 – 444.9
R3 (Range Resistance – Sell) – 445.9
R4 (Long Breakout) – 448.8
R5 (Breakout Target 1) – 452.2
R6 (Breakout Target 2) – 453.6

S1 – 442.0
S2 – 441.1
S3 (Range Support – Buy) – 440.1
S4 (Short Breakout) – 437.2
S5 (Breakout Target 1) – 433.8
S6 (Breakout Target 2) – 432.4

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

R1 – $2.940
R2 – $2.946
R3 (Range Resistance – Sell) – $2.953
R4 (Long Breakout) – $2.973
R5 (Breakout Target 1) – $2.997
R6 (Breakout Target 2) – $3.006

S1 – $2.926
S2 – $2.920
S3 (Range Support – Buy) – $2.913
S4 (Short Breakout) – $2.893
S5 (Breakout Target 1) – $2.869
S6 (Breakout Target 2) – $2.860

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

R1 – $44.91
R2 – $45.09
R3 (Range Resistance – Sell) – $45.27
R4 (Long Breakout) – $45.80
R5 (Breakout Target 1) – $46.43
R6 (Breakout Target 2) – $46.69

S1 – $44.55
S2 – $44.37
S3 (Range Support – Buy) – $44.19
S4 (Short Breakout) – $43.66
S5 (Breakout Target 1) – $43.03
S6 (Breakout Target 2) – $42.77

Where to Trade

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