The following is our levels for each of the most highly traded commodities. This includes Agriculture, Currencies, Energies, Indices, Livestock, Metals, Treasuries and Softs.
E-mini S&P (March)
Resistance: 2887***, 2920***
Pivot: 2869.75
Support: 2847.75-2850**, 2825.50-2828**, 2805.25-2807***
Bias: Bullish
NQ (March)
Resistance: 7062**, 7076**, 7120***, 7192***
Support: 6965-6987**, 6845.75-6888.25**, 6545-6560****
Bias: Bullish
Russell 2000 (March)
Resistance: 1623.7***, 1646.4**, 1660.3**, 1683***
Support: 1580***, 1562.2-1564.4***
Bias: Bullish/Neutral
Crude Oil (March)
Resistance: 66.87***, 68.43**, 70.00***
Support: 64.72-64.89**, 64.26**, 63.70*, 62.78-63.00***
Bias: Neutral/Bearish
RBOB Gasoline (March)
Resistance: 1.9554***, 2.00-2.0072**
Pivot: 1.9263-1.9393
Support: 1.8950-1.90***, 1.8779**, 1.8199-1.8291***
Bias: Bearish/Neutral
Heating Oil (March)
Resistance: 2.1674***, 2.1928**, 2.2086** 2.23-2.24****
Support: 2.07-2.08***, 2.0342***, 1.945***
Bias: Neutral
Natural Gas (March)
Resistance: 3.182-3.197*** 3.32**
Pivot: 3.11
Support: 3.035**, 2.943***, 2.865**, 2.786**
Bias: Bearish
Gold (April)
Resistance: 1365-1370***, 1377.8**, 1392.6***, 1432.9**
Support: 1349.7**, 1329.1-1331.9**, 1321.7***
Bias: Neutral
Silver (March)
Resistance: 17.70***, 18.12-18.18***, 18.825**, 21.095***
Support: 17.00-17.05**, 16.90***, 16.65-16.73**
Bias: Neutral
Copper (March)
Resistance: 3.293-3.32****, 3.46**, 3.613***
Support: 3.108-3.1325**, 3.03**, 2.97***
Bias: Neutral
10-year (March)
Resistance: 122’15-122’175**, 122’26-122’29***, 123’10**
Support: 121’31-122’015**, 121’25**, 119’20-120****
Bias: Bullish/Neutral
30-year (March)
Resistance: 149’22**, 150’19**, 151’10***, 153***
Support: 148’07***, 147’03***, 146***
Bias: Bullish/Neutral
Euro (March)
Resistance: 1.2514-1.2531**, 1.2608***. 1.2780***
Pivot: 1.2434-1.2435***
Support: 1.2349-1.23685**, 1.2209-1.22135***, 1.20435***
Bias: Neutral/Bullish
Yen (March)
Resistance: 9255-.9279***, .9480***
Support: .9164**, .9089-.91035***, .9043*, .8998-.9006**, .8946-.8957**
Bias: Neutral/Bullish
British Pound (March)
Resistance: 1.4370**, 1.4592***
Support: 1.3972-1.40***, 1.3719***
Bias: Neutral
Aussie (March)
Resistance: .8100-.8125***, .8151*
Support: .8033-.8037***, .7998**, .7962**, .7874-7881***
Bias: Neutral/Bearish
Canadian (March)
Resistance: .81005-.81195***, .8163**, .8290***, .8524****
Support: .80505-.8057**, .7996**, .7931-.7949***, .7903**, .7752-.7787***
Bias: Neutral
Corn: (March)
Resistance: 358-360 ½ **, 366 ½-369****
Support: 345-346 ½***, 334-335 ¼****
Bias: Neutral/Bearish
Soybeans (March)
Resistance: 999-1006***, 1020 ¼-1027****
Support: 979 ¼**, 971 ¾**, 961 ¼-963 ¼****
Bias: Neutral/Bullish
Wheat (March)
Resistance: 443-448 ¼****, 456***, 472 ¾***
Support: 428 ½***, 410 ½-413 ¼****
Bias: Neutral
Live Cattle (April)
Resistance: 125.175-125.45***, 127.20-127.35***, 130.10****
Support:122.025-122.55***, 120.20-120.625****, 117.90-118.55****
Bias: Neutral/Bearish
Feeder Cattle (March)
Resistance: 147.75-147.875****, 149.40-150.00***, 158.925****
Support: 143.15-143.80**, 142.10-142.60**, 139.85-140.125***, 138.30-138.75****
Bias: Neutral/Bearish
Lean Hogs (April)
Resistance: 76.225-76.40**, 77.25****, 78.50***
Support: 73.275-73.60****, 72.45-72.75**, 70.625-71.10****
Bias: Neutral/Bearish
Cotton (March)
Resistance: 84.65-85.10****, 87.18-87.50***, 93.85-94.90****
Support: 79.45-80.35**, 77.30-77.74***, 74.93-75.60****
Bias: Bullish
Sugar (March)
Resistance: 15.10-15.80***, 16.70-17.15****, 18.25**
Support: 12.45-12.94***, 10.12-10.51****
Bias: Neutral/Bearish
Cocoa (March)
Resistance: 2,000-2,032**, 2,226-2,263***, 2,367**
Support: 1,908-1,932**, 1,804-1,836***, 1,732**, 1299****
Bias: Neutral
Coffee (March)
Resistance: 128.50-131.35**, 134-134.55****, 143.75***
Support: 118.30-119.60**, 111.05-113.00***, 100.95****
Bias: Bearish
Orange Juice (March)
Resistance: 152.85-153.00**, 158.58**, 165.70****
Support: 144.95-145.35**, 140.05-141.30***, 132.05-132.20****
Bias: Neutral/Bearish
Lumber (March)
Resistance: 501.40-505.10***, 547.00-551.30****
Support: 465.20-469.80***, 440.35-44540****, 421.65**
Bias: Bullish
For more information please contact DAW Trading at brokersedge@dawtradingdiv.com or at 877-329-0006 and visit us at https://dawtradingdiv.com/brokers-edge/
Disclaimer:
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. DAW Trading (“DAW”) uses various outside sources for research material regarding futures and options on futures trading therefore the views and opinions expressed in this letter may not necessarily reflect the view of DAW or its staff. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to DAW.