Phil Flynn's Trade Levels 2/24/2020
Today's BUY and SELL levels in Energies, Metals, Treasuries, Currencies, Grains, Softs and Meats.
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Energies
Reports/Calendar:
| MONDAY, FEB. 24 | |||||
|---|---|---|---|---|---|
| 7;30 am | Chicago Fed national activity index | Jan. | -- | -0.35 | |
| 2;00 pm | Loretta Mester speaks | ||||
| Contract | Month | Symbol | BUY | SELL Levels |
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| Crude Oil WTI | April |
ECJ20 |
4976_4933-4076-5217-5276-5222 |
5430! ULTRA 5290 INTRA 5348) 5400-5444 |
| Brent Crude Get | April | BRNJ20 Get Ready To Roll | 5777-5659 Ultra 5605 Ultra 5571) 5521—5459 | 5997 ULTRA 5799 INTRA 5850)5977-6026 |
| ULTRA LOW SULFUR/HEATING OIL |
March |
EHOH20 get ready to roll to April
|
16459 ULTRA 16034 Intra 15772) -15447-15177 |
ULTRA 16895 INTRA 17272)17373-17690 |
| RBOB/GASOLINE | March |
ERBH20 BBBB Get ready to roll to April |
14470-16208 ULTRA 15598 INTRA 15378) 15029-14764 | 16487-16775 ULTRA 16498 INTRA 16775) 17074-17378 |
| NATURAL GAS | March |
NGH20 Get ready to roll to april |
ULTRA 1.763 ULTRA 1.655)1.610-1.572 | ULTRA 1.950 INTRA 2.033) 2.142-2.220 |
| GAS OIL | March |
Gas 20H-ICE Get ready to roll to April |
485.50 ULTRA 488.00 INTRA 480.50) 472.00 -463.00 | 514.70 ULTRA 509.00 INTRA 518.50)525.50-537.00 |
Options and Spread Recommendations:
Metals
| Contract | Month | Symbol | Roll | BUY | SELL Levels | |
| Gold | April | GCJ20 | ULTRA 1653.50 INTRA 1640.50)1623.50-1599.50 | 1655.70-1668.20-1676.50 ULTRA 1699.70 INTRA 1719.20) 1733.50-1776.00 | ||
| Silver | May |
SIH20 ESik20 Roll to May |
ULTRA 1853.50 INTRA 1794.50)1778.50-1744.00 | ULTRA 1917.50 INTRA 1947.00) 1976.50-1999.00 | ||
| Palladium | June |
PAH20 Roll to JUNE PAM20 |
ULTRA 2557.00 INTRA 2522.50)-2447.50-23997.00 | ULTRA 2678.00 INTRA 2700.00)2774.00-2899.00 | ||
| Platinum | April | PLJ20 | 963.00-988.00 ULTRA 968.00 INTRA 956.50)944.50-937.00 |
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| Copper | May |
HGK20 Roll to May |
B | 257.70 Ultra 253.70 INTRA 252.50)249.90-247.50 | ULTRA 262.00 INTRA 265.50)267.00-270.50 |
Options and Spread Recommendations:
Treasuries
| Contract | Month | Symbol | Roll | BUY | SELL Levels |
| 30 Year T-BOND | June | ZBM19 | to June | ULTRA 16402 INTRA 16323)16229-16205 | 16519-ULTRA 16617 INTRA 16630) 16712-16807 |
| 10 YEAR NOTES | June | ZNM20 | ULTRA 13117 Intra 13107)13015-12929 | 13215 ULTRA 13229 INTRA 13325)13407-13422 | |
| 5 Year Note | June | ZFM20 | ULTRA 12009.00 INTRA 11929.0)11927.0-11922.0 | ULTRA 12015.0 INTRA 12019.0) 12027.0-12103.0 | |
| 2 Year Note | June | ZTM20 | ULTRA 10809.0 INTRA 10805.0)-10731.0-10725.0 | ULTRA 10819.00 INTRA 10807.0) 10809.0-10812.0 |
Options and Spread Recommendations:
Currencies
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
| Dollar Index | June | DXM20 | ROLL TO JUNE |
ULTRA 9887 INTRA 9845)9817-9767
|
ULTRA 9949 Intra 9964)10033-10054 |
| Euro Currency | JUNE | 6EM20 | BB | 108150 ULTRA 107650 INTRA 107400)107220- 106700 | ULTRA 108900 INTRA 109430)109950-110550 |
| Swiss Franc | June | 6SM20 | B! | 10209 ULTRA 10160 INTRA 10125)10090-10060 | ULTRA 10247 INTRA 10280) 10321-10357 |
| YEN9 | June | 6JM0 | B | 8936 ULTRA 8996 INTRA 8958)8935-8899 | Ultra 9076 INTRA 9133)9183-9190 |
| British Pound | June | 6BM20 | B | 12920 Ultra 12852 Intra 12803) 12750-12670 | ULTRA 13030 INTRA 13115)13130-13190 |
| Brazilian Real | June | 6LM20 | Ultra 222.40 Intra 221.50)220.00-217.50 | Ultra 227.50 Intra 228.00)230.00-232.50 | |
|
Australian Dollar |
June |
6AM20 |
B |
6605- Ultra 6601 Intra 6577)6547-6509 |
Ultra 6643 Intra 6680)6723-6767 |
| Canadian Dollar | JUNE | 6CM20 |
ULTRA 7508 INTRA 7478)7448-7407 |
ULTRA 7576 INTRA 7623)7647-7688 | |
| Mexican Peso | JUNE | 6MM20 |
9ULTRA 512.50 Intra 510.50) 507.50-505.0 |
ULTRA 52000 INTRA 523.00)527.50-530.00 |
Options and Spread Recommendations:
Grains
| Contract | Month | Symbol | Notes | BUY | SELL Levels | |
|
Soybeans |
May |
ZSK20 |
B |
ULTRA 883.4 INTRA 872.6)865.4-858.0 |
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Soybean Meal |
May |
ZMK20 |
|
293.20-287.70 Ultra 288.30 Intra 283.2)276.5-267.2 |
ULTRA 297.00 INTRA 300.00 305.00-315.00 |
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| Soybean Oil | May | ZLK20 | 3030-2990 Ultra 3003 INTRA 2967)2948-2897 | ULTRA 3095 INTRA 3130)-3174-3202 | ||
| Corn | May | ZCK20 |
377.4 ULTRA 372.6 INTRA 368.4)363.2-357.2 |
ULTRA 384.0 INTRA 389.0) -397.0-406.0 |
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| Wheat | May | ZWK20 |
Ultra 538.6 Intra 532.4)524.2-520.2 |
ULTRA 553.0 INTRA 559.0)567.2-575.0 |
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|
OATS |
Mary |
ZOK20 |
296.4 ULTRA 293.4 INTRA 287.4) 277.2-270.2 |
ULTRA 305.4 INTRA 311.2)315.2-322.2 |
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Denatured Fuel Ethanol |
May |
ZEK20 |
ULTRA 1315 Intra 1278) 1247-1222 |
ULTRA 1385 Intra 1398)1437-1477 |
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Rough Rice |
May |
NNRK20 |
B |
1171.0-1165.4-1190.0-1228.0-1307.0 -1321.0-1337.0 ULTRA 1335.0 INTRA 1309.0) 1297.0-1278.0 |
ULTRA 1376.0 INTRA 1397.0)1419.00-1435.00 |
Options and Spread Recommendations:
Stock Market Indices
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
S&P EMINI |
March |
ESH20 |
B |
2984.50-2977.50- 2992.50-2986.50-3035.50-3067.50-3097.75-3021.75-3238.00-3218.50-3208.50-3171.00 ULTRA 3215.75 INTRA 3200.50)3179.00-3126.25 |
3396.75 ULTRA 3322.75 Intra 3347.00) 3365.25-3405.00
|
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DOW EMINI |
March |
YMH20 |
27670.00-27445.00 ULTRA 27950.00 INTRA 27670.00) 27355.00-27020.00
|
ULTRA 29030.00 INTRA 29050.00) 29650.00-29000.00 |
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NASDAQ EMINI |
March |
NQH20 |
8727.00-8833.00-8809.00-8770.00-8740.50-8980.00 ULTRA 9025.00 Intra 8910.00)- 8887.00-8447.50 |
9697.00-9728.00-9767.20 ULTRA 9397.00 INTRA 9428.00) 9467.20-9488.50
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Russell Index |
March |
RTYH20 |
NEW Ultra 1576.50 INTRA 1567.00) 1648.00-1639.50 |
1697.70 Ultra 1676.00 INTRA 1687.00) 1708.00-1726.00 |
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FANG FUTURES |
March |
FNG H20
|
ULTRA 3750.00 Intra 3733.00)3693.00-3646.00 |
ULTRA 3870.00 Intra 3900.00) 3933.00-397.00 |
Options and Spread Recommendations:
Softs
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Cotton |
May |
CTK20 |
|
6748 ULTRA 6438 INTRA 6222) 6130-6020 |
ULTRA 6848 Intra 6955) 7076-7337
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Coffee |
May |
KCK20 |
|
10597 ULTRA 10337 INTRA 10070)98150-9755 |
ULTRA 11180 INTRA 11425) 11692-11755 |
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Cocoa |
May |
COK20 |
|
ULTRA 2807 Intra 2767) 2729-2679 |
ULTRA 2858 INTRA 2888) 2911-2976 |
|
Lumber |
May
|
LBS K20 |
|
ULTRA 459.00 457.50)454.70-450.50 |
467.50 Ultra 474.50 Intra 476.00)478.00-483.00 |
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SUGAR |
May |
SBK20
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|
ULTRA 1475 INTRA 1446)1425-1407 |
ULTRA 1525INTRA 1558)1597-1633 |
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Orange Juice |
MaY |
OJK20 |
B
|
9370-9210-9790 ULTRA 9790 INTRA 96.30)95.50-93.50 |
ULTRA 103.70 104.50)105.75-10600 |
Options and Spread Recommendations:
Meats
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
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Live Cattle
|
April |
LEj20 |
|
118.57-117.70 ULTRA 115.57 Intra 114.70)113.50-112.50
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ULTRA 120.75 Intra 122.25)124.50-127.50 |
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Lean Hogs
|
April |
HEJ20
|
B |
6395 -6675 ULTRA 6375 INTRA 6270)-6175-5995 |
ULTRA 6770 INTRA 6987) 7077-7255 |
|
Feeders |
May |
GFK20 |
B |
ULTRA 138.50 INTRA 136.25)135.50-133.75 |
ULTRA 142.90 INTRA 143.50)144.50-145.00 |
|
MILK |
May
|
DCK20 |
l
|
(1709-1680 ) ULTRA 1650 Intra 1633)1620-1610 |
1693 ULTRA 1693 UTRA 1708)1725-1767 |
Options and Spread Recommendations:
A Subsidiary of Price Holdings, Inc. Orders must be entered via direct verbal communication with a representative of our firm. We cannot be held responsible for orders left in any other manner. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Investing in futures can involve substantial risk & is not for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading data-on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses. Member NIBA, NFA. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed. This report is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The PRICE Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.