Commodity Market: Pivot Levels for Thursday (July 13th 2017)

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

R1 – $15.913
R2 – $15.939
R3 (Range Resistance – Sell) – $15.965
R4 (Long Breakout) – $16.044
R5 (Breakout Target 1) – $16.135
R6 (Breakout Target 2) – $16.175

S1 – $15.861
S2 – $15.835
S3 (Range Support – Buy) – $15.809
S4 (Short Breakout) – $15.730
S5 (Breakout Target 1) – $15.639
S6 (Breakout Target 2) – $15.599

Copper (HG) for September delivery (1 Pound)

R1 – $2.6864
R2 – $2.6889
R3 (Range Resistance – Sell) – $2.6913
R4 (Long Breakout) – $2.6986
R5 (Breakout Target 1) – $2.7071
R6 (Breakout Target 2) – $2.7106

S1 – $2.6816
S2 – $2.6791
S3 (Range Support – Buy) – $2.6767
S4 (Short Breakout) – $2.6694
S5 (Breakout Target 1) – $2.6609
S6 (Breakout Target 2) – $2.6574

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

R1 – 1,022.5
R2 – 1,024.4
R3 (Range Resistance – Sell) – 1,026.3
R4 (Long Breakout) – 1,031.9
R5 (Breakout Target 1) – 1,038.5
R6 (Breakout Target 2) – 1,041.4

S1 – 1,018.7
S2 – 1,016.8
S3 (Range Support – Buy) – 1,014.9
S4 (Short Breakout) – 1,009.3
S5 (Breakout Target 1) – 1,002.7
S6 (Breakout Target 2) – 999.8

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

R1 – 386.9
R2 – 388.4
R3 (Range Resistance – Sell) – 389.9
R4 (Long Breakout) – 394.3
R5 (Breakout Target 1) – 399.5
R6 (Breakout Target 2) – 401.6

S1 – 383.9
S2 – 382.4
S3 (Range Support – Buy) – 380.9
S4 (Short Breakout) – 376.5
S5 (Breakout Target 1) – 371.3
S6 (Breakout Target 2) – 369.2

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

R1 – 538.6
R2 – 540.2
R3 (Range Resistance – Sell) – 541.8
R4 (Long Breakout) – 546.7
R5 (Breakout Target 1) – 552.3
R6 (Breakout Target 2) – 554.7

S1 – 535.4
S2 – 533.8
S3 (Range Support – Buy) – 532.2
S4 (Short Breakout) – 527.3
S5 (Breakout Target 1) – 521.7
S6 (Breakout Target 2) – 519.3

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

R1 – $2.992
R2 – $2.998
R3 (Range Resistance – Sell) – $3.005
R4 (Long Breakout) – $3.025
R5 (Breakout Target 1) – $3.049
R6 (Breakout Target 2) – $3.058

S1 – $2.978
S2 – $2.972
S3 (Range Support – Buy) – $2.965
S4 (Short Breakout) – $2.945
S5 (Breakout Target 1) – $2.921
S6 (Breakout Target 2) – $2.912

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

R1 – $45.62
R2 – $45.74
R3 (Range Resistance – Sell) – $45.87
R4 (Long Breakout) – $46.24
R5 (Breakout Target 1) – $46.68
R6 (Breakout Target 2) – $46.87

S1 – $45.36
S2 – $45.24
S3 (Range Support – Buy) – $45.11
S4 (Short Breakout) – $44.74
S5 (Breakout Target 1) – $44.30
S6 (Breakout Target 2) – $44.11