Commodity Market: Pivot Levels for Monday (April 24th 2017)

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

R1 – $17.878
R2 – $17.899
R3 (Range Resistance – Sell) – $17.921
R4 (Long Breakout) – $17.985
R5 (Breakout Target 1) – $18.061
R6 (Breakout Target 2) – $18.092

S1 – $17.834
S2 – $17.813
S3 (Range Support – Buy) – $17.791
S4 (Short Breakout) – $17.727
S5 (Breakout Target 1) – $17.651
S6 (Breakout Target 2) – $17.620

Copper (HG) for May delivery (1 Pound)

R1 – $2.5413
R2 – $2.5451
R3 (Range Resistance – Sell) – $2.5489
R4 (Long Breakout) – $2.5603
R5 (Breakout Target 1) – $2.5737
R6 (Breakout Target 2) – $2.5792

S1 – $2.5337
S2 – $2.5299
S3 (Range Support – Buy) – $2.5261
S4 (Short Breakout) – $2.5147
S5 (Breakout Target 1) – $2.5013
S6 (Breakout Target 2) – $2.4958

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

R1 – 951.7
R2 – 952.5
R3 (Range Resistance – Sell) – 953.2
R4 (Long Breakout) – 955.4
R5 (Breakout Target 1) – 958.0
R6 (Breakout Target 2) – 959.1

S1 – 950.3
S2 – 949.5
S3 (Range Support – Buy) – 948.8
S4 (Short Breakout) – 946.6
S5 (Breakout Target 1) – 944.0
S6 (Breakout Target 2) – 942.9

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

R1 – 357.4
R2 – 357.8
R3 (Range Resistance – Sell) – 358.2
R4 (Long Breakout) – 359.4
R5 (Breakout Target 1) – 360.8
R6 (Breakout Target 2) – 361.4

S1 – 356.6
S2 – 356.2
S3 (Range Support – Buy) – 355.8
S4 (Short Breakout) – 354.6
S5 (Breakout Target 1) – 353.2
S6 (Breakout Target 2) – 352.6

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

R1 – 405.7
R2 – 406.5
R3 (Range Resistance – Sell) – 407.2
R4 (Long Breakout) – 409.4
R5 (Breakout Target 1) – 412.0
R6 (Breakout Target 2) – 413.1

S1 – 404.3
S2 – 403.5
S3 (Range Support – Buy) – 402.8
S4 (Short Breakout) – 400.6
S5 (Breakout Target 1) – 398.0
S6 (Breakout Target 2) – 396.9

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

R1 – $3.110
R2 – $3.120
R3 (Range Resistance – Sell) – $3.129
R4 (Long Breakout) – $3.158
R5 (Breakout Target 1) – $3.191
R6 (Breakout Target 2) – $3.205

S1 – $3.092
S2 – $3.082
S3 (Range Support – Buy) – $3.073
S4 (Short Breakout) – $3.044
S5 (Breakout Target 1) – $3.011
S6 (Breakout Target 2) – $2.997

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

R1 – $49.78
R2 – $49.94
R3 (Range Resistance – Sell) – $50.10
R4 (Long Breakout) – $50.57
R5 (Breakout Target 1) – $51.13
R6 (Breakout Target 2) – $51.36

S1 – $49.46
S2 – $49.30
S3 (Range Support – Buy) – $49.14
S4 (Short Breakout) – $48.67
S5 (Breakout Target 1) – $48.11
S6 (Breakout Target 2) – $47.88