BROKERSEDGE

PROPRIETARY NEWSLETTER

Commodities / Futures Support and resistance numbers this week. BrokersEDGE 1-29-18

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.

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