Commodity Market: Pivot Levels for Tuesday (July 4th 2017)

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

R1 – $16.087
R2 – $16.138
R3 (Range Resistance – Sell) – $16.188
R4 (Long Breakout) – $16.340
R5 (Breakout Target 1) – $16.516
R6 (Breakout Target 2) – $16.587

S1 – $15.987
S2 – $15.936
S3 (Range Support – Buy) – $15.886
S4 (Short Breakout) – $15.735
S5 (Breakout Target 1) – $15.558
S6 (Breakout Target 2) – $15.487

Copper (HG) for September delivery (1 Pound)

R1 – $2.6959
R2 – $2.6988
R3 (Range Resistance – Sell) – $2.7017
R4 (Long Breakout) – $2.7103
R5 (Breakout Target 1) – $2.7204
R6 (Breakout Target 2) – $2.7246

S1 – $2.6901
S2 – $2.6872
S3 (Range Support – Buy) – $2.6843
S4 (Short Breakout) – $2.6757
S5 (Breakout Target 1) – $2.6656
S6 (Breakout Target 2) – $2.6614

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

R1 – 972.3
R2 – 974.7
R3 (Range Resistance – Sell) – 977.0
R4 (Long Breakout) – 984.1
R5 (Breakout Target 1) – 992.3
R6 (Breakout Target 2) – 996.0

S1 – 967.7
S2 – 965.3
S3 (Range Support – Buy) – 963.0
S4 (Short Breakout) – 955.9
S5 (Breakout Target 1) – 947.7
S6 (Breakout Target 2) – 944.0

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

R1 – 389.6
R2 – 390.7
R3 (Range Resistance – Sell) – 391.9
R4 (Long Breakout) – 395.4
R5 (Breakout Target 1) – 399.6
R6 (Breakout Target 2) – 401.4

S1 – 387.2
S2 – 386.1
S3 (Range Support – Buy) – 384.9
S4 (Short Breakout) – 381.4
S5 (Breakout Target 1) – 377.2
S6 (Breakout Target 2) – 375.4

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

R1 – 557.1
R2 – 559.1
R3 (Range Resistance – Sell) – 561.2
R4 (Long Breakout) – 567.4
R5 (Breakout Target 1) – 574.7
R6 (Breakout Target 2) – 578.5

S1 – 552.9
S2 – 550.9
S3 (Range Support – Buy) – 548.8
S4 (Short Breakout) – 542.6
S5 (Breakout Target 1) – 535.3
S6 (Breakout Target 2) – 531.5

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

R1 – $2.962
R2 – $2.972
R3 (Range Resistance – Sell) – $2.983
R4 (Long Breakout) – $3.014
R5 (Breakout Target 1) – $3.051
R6 (Breakout Target 2) – $3.067

S1 – $2.940
S2 – $2.930
S3 (Range Support – Buy) – $2.919
S4 (Short Breakout) – $2.888
S5 (Breakout Target 1) – $2.851
S6 (Breakout Target 2) – $2.835

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

R1 – $47.18
R2 – $47.29
R3 (Range Resistance – Sell) – $47.39
R4 (Long Breakout) – $47.72
R5 (Breakout Target 1) – $48.10
R6 (Breakout Target 2) – $48.28

S1 – $46.96
S2 – $46.85
S3 (Range Support – Buy) – $46.75
S4 (Short Breakout) – $46.42
S5 (Breakout Target 1) – $46.04
S6 (Breakout Target 2) – $45.86