Commodity Market: Pivot Levels for Thursday (June 29th 2017)

June 29, 2017 6:19 am

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

R1 – $16.747
R2 – $16.766
R3 (Range Resistance – Sell) – $16.786
R4 (Long Breakout) – $16.845
R5 (Breakout Target 1) – $16.914
R6 (Breakout Target 2) – $16.943

S1 – $16.707
S2 – $16.688
S3 (Range Support – Buy) – $16.668
S4 (Short Breakout) – $16.609
S5 (Breakout Target 1) – $16.540
S6 (Breakout Target 2) – $16.511

Copper (HG) for September delivery (1 Pound)

R1 – $2.6786
R2 – $2.6812
R3 (Range Resistance – Sell) – $2.6838
R4 (Long Breakout) – $2.6917
R5 (Breakout Target 1) – $2.7008
R6 (Breakout Target 2) – $2.7048

S1 – $2.6734
S2 – $2.6708
S3 (Range Support – Buy) – $2.6682
S4 (Short Breakout) – $2.6603
S5 (Breakout Target 1) – $2.6512
S6 (Breakout Target 2) – $2.6472

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

R1 – 919.6
R2 – 920.2
R3 (Range Resistance – Sell) – 920.8
R4 (Long Breakout) – 922.5
R5 (Breakout Target 1) – 924.6
R6 (Breakout Target 2) – 925.4

S1 – 918.4
S2 – 917.8
S3 (Range Support – Buy) – 917.2
S4 (Short Breakout) – 915.5
S5 (Breakout Target 1) – 913.4
S6 (Breakout Target 2) – 912.6

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

R1 – 366.5
R2 – 366.8
R3 (Range Resistance – Sell) – 367.0
R4 (Long Breakout) – 367.9
R5 (Breakout Target 1) – 368.8
R6 (Breakout Target 2) – 369.2

S1 – 365.9
S2 – 365.7
S3 (Range Support – Buy) – 365.4
S4 (Short Breakout) – 364.6
S5 (Breakout Target 1) – 363.6
S6 (Breakout Target 2) – 363.2

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

R1 – 473.7
R2 – 474.4
R3 (Range Resistance – Sell) – 475.0
R4 (Long Breakout) – 477.1
R5 (Breakout Target 1) – 479.4
R6 (Breakout Target 2) – 480.5

S1 – 472.3
S2 – 471.6
S3 (Range Support – Buy) – 471.0
S4 (Short Breakout) – 468.9
S5 (Breakout Target 1) – 466.6
S6 (Breakout Target 2) – 465.5

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

R1 – $3.100
R2 – $3.107
R3 (Range Resistance – Sell) – $3.113
R4 (Long Breakout) – $3.133
R5 (Breakout Target 1) – $3.155
R6 (Breakout Target 2) – $3.165

S1 – $3.088
S2 – $3.081
S3 (Range Support – Buy) – $3.075
S4 (Short Breakout) – $3.056
S5 (Breakout Target 1) – $3.033
S6 (Breakout Target 2) – $3.023

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

R1 – $44.85
R2 – $44.97
R3 (Range Resistance – Sell) – $45.08
R4 (Long Breakout) – $45.42
R5 (Breakout Target 1) – $45.81
R6 (Breakout Target 2) – $46.00

S1 – $44.63
S2 – $44.51
S3 (Range Support – Buy) – $44.40
S4 (Short Breakout) – $44.06
S5 (Breakout Target 1) – $43.67
S6 (Breakout Target 2) – $43.48

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