Commodity Market: Pivot Levels for Tuesday (February 14th 2017)

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

R1 – $17.845
R2 – $17.869
R3 (Range Resistance – Sell) – $17.893
R4 (Long Breakout) – $17.964
R5 (Breakout Target 1) – $18.048
R6 (Breakout Target 2) – $18.082

S1 – $17.797
S2 – $17.773
S3 (Range Support – Buy) – $17.750
S4 (Short Breakout) – $17.678
S5 (Breakout Target 1) – $17.594
S6 (Breakout Target 2) – $17.560

Copper (HG) for March delivery (1 Pound)

R1 – $2.7879
R2 – $2.7928
R3 (Range Resistance – Sell) – $2.7977
R4 (Long Breakout) – $2.8124
R5 (Breakout Target 1) – $2.8296
R6 (Breakout Target 2) – $2.8368

S1 – $2.7781
S2 – $2.7732
S3 (Range Support – Buy) – $2.7683
S4 (Short Breakout) – $2.7536
S5 (Breakout Target 1) – $2.7364
S6 (Breakout Target 2) – $2.7292

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

R1 – 1,055.2
R2 – 1,056.3
R3 (Range Resistance – Sell) – 1,057.3
R4 (Long Breakout) – 1,060.4
R5 (Breakout Target 1) – 1,064.0
R6 (Breakout Target 2) – 1,065.4

S1 – 1,053.2
S2 – 1,052.1
S3 (Range Support – Buy) – 1,051.1
S4 (Short Breakout) – 1,048.0
S5 (Breakout Target 1) – 1,044.4
S6 (Breakout Target 2) – 1,043.0

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

R1 – 375.9
R2 – 376.3
R3 (Range Resistance – Sell) – 376.8
R4 (Long Breakout) – 378.2
R5 (Breakout Target 1) – 379.8
R6 (Breakout Target 2) – 380.5

S1 – 374.9
S2 – 374.5
S3 (Range Support – Buy) – 374.0
S4 (Short Breakout) – 372.7
S5 (Breakout Target 1) – 371.0
S6 (Breakout Target 2) – 370.3

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

R1 – 453.3
R2 – 454.4
R3 (Range Resistance – Sell) – 455.4
R4 (Long Breakout) – 458.7
R5 (Breakout Target 1) – 462.5
R6 (Breakout Target 2) – 464.2

S1 – 451.1
S2 – 450.0
S3 (Range Support – Buy) – 449.0
S4 (Short Breakout) – 445.7
S5 (Breakout Target 1) – 441.9
S6 (Breakout Target 2) – 440.2

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

R1 – $2.951
R2 – $2.957
R3 (Range Resistance – Sell) – $2.964
R4 (Long Breakout) – $2.984
R5 (Breakout Target 1) – $3.008
R6 (Breakout Target 2) – $3.018

S1 – $2.937
S2 – $2.931
S3 (Range Support – Buy) – $2.924
S4 (Short Breakout) – $2.904
S5 (Breakout Target 1) – $2.880
S6 (Breakout Target 2) – $2.870

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

R1 – $53.04
R2 – $53.15
R3 (Range Resistance – Sell) – $53.25
R4 (Long Breakout) – $53.58
R5 (Breakout Target 1) – $53.96
R6 (Breakout Target 2) – $54.11

S1 – $52.82
S2 – $52.71
S3 (Range Support – Buy) – $52.61
S4 (Short Breakout) – $52.28
S5 (Breakout Target 1) – $51.90
S6 (Breakout Target 2) – $51.75