Commodity Market: Pivot Levels for Monday (July 10th 2017)

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

R1 – $15.590
R2 – $15.755
R3 (Range Resistance – Sell) – $15.920
R4 (Long Breakout) – $16.415
R5 (Breakout Target 1) – $16.993
R6 (Breakout Target 2) – $17.361

S1 – $15.260
S2 – $15.095
S3 (Range Support – Buy) – $14.930
S4 (Short Breakout) – $14.435
S5 (Breakout Target 1) – $13.857
S6 (Breakout Target 2) – $13.489

Copper (HG) for September delivery (1 Pound)

R1 – $2.6497
R2 – $2.6523
R3 (Range Resistance – Sell) – $2.6550
R4 (Long Breakout) – $2.6630
R5 (Breakout Target 1) – $2.6723
R6 (Breakout Target 2) – $2.6761

S1 – $2.6443
S2 – $2.6417
S3 (Range Support – Buy) – $2.6390
S4 (Short Breakout) – $2.6311
S5 (Breakout Target 1) – $2.6217
S6 (Breakout Target 2) – $2.6179

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

R1 – 1,002.9
R2 – 1,004.7
R3 (Range Resistance – Sell) – 1,006.6
R4 (Long Breakout) – 1,012.2
R5 (Breakout Target 1) – 1,018.8
R6 (Breakout Target 2) – 1,021.8

S1 – 999.1
S2 – 997.3
S3 (Range Support – Buy) – 995.4
S4 (Short Breakout) – 989.8
S5 (Breakout Target 1) – 983.2
S6 (Breakout Target 2) – 980.2

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

R1 – 393.2
R2 – 394.0
R3 (Range Resistance – Sell) – 394.8
R4 (Long Breakout) – 397.2
R5 (Breakout Target 1) – 400.1
R6 (Breakout Target 2) – 401.3

S1 – 391.6
S2 – 390.8
S3 (Range Support – Buy) – 390.0
S4 (Short Breakout) – 387.6
S5 (Breakout Target 1) – 384.7
S6 (Breakout Target 2) – 383.5

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

R1 – 536.4
R2 – 537.9
R3 (Range Resistance – Sell) – 539.3
R4 (Long Breakout) – 543.6
R5 (Breakout Target 1) – 548.6
R6 (Breakout Target 2) – 550.7

S1 – 533.6
S2 – 532.1
S3 (Range Support – Buy) – 530.7
S4 (Short Breakout) – 526.4
S5 (Breakout Target 1) – 521.4
S6 (Breakout Target 2) – 519.3

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

R1 – $2.873
R2 – $2.882
R3 (Range Resistance – Sell) – $2.892
R4 (Long Breakout) – $2.919
R5 (Breakout Target 1) – $2.951
R6 (Breakout Target 2) – $2.965

S1 – $2.855
S2 – $2.846
S3 (Range Support – Buy) – $2.837
S4 (Short Breakout) – $2.809
S5 (Breakout Target 1) – $2.777
S6 (Breakout Target 2) – $2.763

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

R1 – $44.38
R2 – $44.53
R3 (Range Resistance – Sell) – $44.68
R4 (Long Breakout) – $45.13
R5 (Breakout Target 1) – $45.66
R6 (Breakout Target 2) – $45.89

S1 – $44.08
S2 – $43.93
S3 (Range Support – Buy) – $43.78
S4 (Short Breakout) – $43.33
S5 (Breakout Target 1) – $42.80
S6 (Breakout Target 2) – $42.57