Commodity Market: Pivot Levels for Monday (June 19th 2017)

June 19, 2017 5:45 am

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

R1 – $16.678
R2 – $16.694
R3 (Range Resistance – Sell) – $16.711
R4 (Long Breakout) – $16.760
R5 (Breakout Target 1) – $16.818
R6 (Breakout Target 2) – $16.841

S1 – $16.645
S2 – $16.628
S3 (Range Support – Buy) – $16.612
S4 (Short Breakout) – $16.562
S5 (Breakout Target 1) – $16.504
S6 (Breakout Target 2) – $16.481

Copper (HG) for July delivery (1 Pound)

R1 – $2.5662
R2 – $2.5683
R3 (Range Resistance – Sell) – $2.5705
R4 (Long Breakout) – $2.5769
R5 (Breakout Target 1) – $2.5845
R6 (Breakout Target 2) – $2.5876

S1 – $2.5618
S2 – $2.5597
S3 (Range Support – Buy) – $2.5575
S4 (Short Breakout) – $2.5511
S5 (Breakout Target 1) – $2.5435
S6 (Breakout Target 2) – $2.5404

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

R1 – 939.9
R2 – 940.9
R3 (Range Resistance – Sell) – 941.8
R4 (Long Breakout) – 944.6
R5 (Breakout Target 1) – 947.9
R6 (Breakout Target 2) – 949.3

S1 – 938.1
S2 – 937.1
S3 (Range Support – Buy) – 936.2
S4 (Short Breakout) – 933.4
S5 (Breakout Target 1) – 930.1
S6 (Breakout Target 2) – 928.7

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

R1 – 384.7
R2 – 385.4
R3 (Range Resistance – Sell) – 386.0
R4 (Long Breakout) – 388.1
R5 (Breakout Target 1) – 390.4
R6 (Breakout Target 2) – 391.5

S1 – 383.3
S2 – 382.6
S3 (Range Support – Buy) – 382.0
S4 (Short Breakout) – 379.9
S5 (Breakout Target 1) – 377.6
S6 (Breakout Target 2) – 376.5

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

R1 – 466.4
R2 – 467.6
R3 (Range Resistance – Sell) – 468.8
R4 (Long Breakout) – 472.4
R5 (Breakout Target 1) – 476.5
R6 (Breakout Target 2) – 478.5

S1 – 464.0
S2 – 462.8
S3 (Range Support – Buy) – 461.6
S4 (Short Breakout) – 458.1
S5 (Breakout Target 1) – 453.9
S6 (Breakout Target 2) – 451.9

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

R1 – $3.043
R2 – $3.048
R3 (Range Resistance – Sell) – $3.054
R4 (Long Breakout) – $3.071
R5 (Breakout Target 1) – $3.090
R6 (Breakout Target 2) – $3.098

S1 – $3.031
S2 – $3.026
S3 (Range Support – Buy) – $3.020
S4 (Short Breakout) – $3.003
S5 (Breakout Target 1) – $2.984
S6 (Breakout Target 2) – $2.976

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

R1 – $45.04
R2 – $45.10
R3 (Range Resistance – Sell) – $45.17
R4 (Long Breakout) – $45.37
R5 (Breakout Target 1) – $45.60
R6 (Breakout Target 2) – $45.70

S1 – $44.90
S2 – $44.84
S3 (Range Support – Buy) – $44.77
S4 (Short Breakout) – $44.57
S5 (Breakout Target 1) – $44.34
S6 (Breakout Target 2) – $44.24

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