Phil Flynn's Trade Levels 2/26/2020

Today's BUY and SELL levels in Energies, Metals, Treasuries, Currencies, Grains, Softs and Meats.

Want even more insight from Phil?

Email pflynn@pricegroup.com or call 888-264-5665

Energies

Reports/Calendar:

9 am New home sales Jan.   722,000 694,000

 

 

Dairy Products Sales 14:00
EIA Energy Stocks 9:30
New Homes Sales 9:00
Mar NY Nat Gas
LT: Feb Copper/ Ny Gold & Silver/ NY Platinum & Palladium

 

Contract Month Symbol BUY SELL Levels
   

 

 

 

Crude Oil WTI April

ECJ20   

4976_4933-4076-4967 ULTRA  4882  INTRA
4832)4922-4827 

5430! ULTRA 5057 INTRA 5100) 5150-5204

Brent Crude Get   May BRNK20 l Ultra 5278 Ultra 5228) 5422—5360  ULTRA 5389  INTRA 5445)5567-5616
ULTRA LOW
SULFUR/HEATING
OIL
 Roll to April 

EHOJ20

 

 

ULTRA 15234 Intra 14972) -14747-14467

 ULTRA 15788 INTRA 16072)16373-16690

RBOB/GASOLINE  April

ERBR20 

ULTRA 15883 INTRA 15578) 15339-14976  ULTRA 16498 INTRA 16775) 17074-17378 
NATURAL GAS April

NGJ20

 

ULTRA 1.799 ULTRA 1.705)1.630-1.582  ULTRA 1.901 INTRA 1.967) 2.052-2.130
GAS OIL April

Gas 20J-ICE

 

ULTRA 464.00     INTRA 480.50) 462.00 -453.00   ULTRA 489.00  INTRA 498.50)505.50-517.00

Options and Spread Recommendations: 

 

Metals

Contract Month Symbol Roll BUY SELL Levels
Gold April  GCJ20    1633.5 ULTRA 1615.50  INTRA 1603.50)1593.50-1576.50 ULTRA 1665.10 INTRA 1678.50) 1688.50-1717.70 
Silver May

ESIK20 

  1816.50-ULTRA 1784.50 INTRA 1774.50)1757.50-1738.00  ULTRA 1846.50 INTRA 1876.00) 1906.50-1938.00
Palladium June

JUNE 

PAM20

  2557.00 ULTRA 2562.00 INTRA 2533.50)-2503.50-2377.00    2588.00-2610.00  ULTRA 2676.00 INTRA 2690.00)2774.00-2799.00
Platinum April PLJ20     ULTRA 905.00 INTRA 880.50)876.50-867.00

 ULTRA 954.40 Intra 966.50

)987.00- 997.00
Copper May

HGK20

 

B  257.70 Ultra 252.70 INTRA  251.50)248.90-246.50   ULTRA 260.00 INTRA 263.50)265.00-268.50

Options and Spread Recommendations: 

 

Treasuries

 

Contract Month Symbol Roll BUY SELL Levels
30 Year T-BOND June ZBM19 to June  ULTRA 16512 INTRA 16431)16417-16314 16607-16620  ULTRA 16709  INTRA 16719) 16807-16821
10 YEAR NOTES June ZNM20   ULTRA 13207 Intra  13121)13019-12931 13227 ULTRA 13329 INTRA 13415)13429-13512
5 Year Note June ZFM20    ULTRA 12100.00 INTRA 12020.0)11929.0-11922.0    ULTRA 12131.0 INTRA 12219.0) 12229.0-12303.0
2 Year Note June ZTM20   ULTRA 10815.0 INTRA 10808.0)-10805.0-10800.0 ULTRA 10823.0 INTRA 10825.0) 10827.0-10829.0

Options and Spread Recommendations: 

 

Currencies

Contract Month Symbol Notes BUY SELL Levels
Dollar Index June DXM20 ROLL TO JUNE

9887 ULTRA 9811 INTRA 9776)9744-9704

 

  ULTRA 9877 Intra  9920)9973-10022
Euro Currency JUNE 6EM20    ULTRA 10900 INTRA 108700)108330- 108700  ULTRA 109990 INTRA 11030)110950-111550
Swiss Franc June 6SM20   ULTRA 10280 INTRA 10235)10180-10155  ULTRA 10397 INTRA 10433) 10471-10497
YEN9 June 6JM0    ULTRA 9077 INTRA  9033)8978-8899  9123 Ultra 9173 INTRA 9193)9222-9244
British Pound June 6BM20 B  12920 Ultra 12937 Intra 12877) 12790-12690  ULTRA 13120 INTRA 13185)13250-13320
Brazilian Real June 6LM20   Ultra 221.20 Intra 220.50)219.00-216.50   Ultra 229.50 Intra 230.00)232.00-234.50

Australian Dollar

June

6AM20

 

 Ultra  6576  Intra 6538)6509-6476

 Ultra 6663 Intra 6690)6728-6767

Canadian Dollar JUNE 6CM20  

  ULTRA  7500 INTRA 7465)7422-7387

ULTRA 7555 INTRA 7602)7647-7686
Mexican Peso JUNE 6MM20  

9ULTRA 511.00 Intra 509.50) 506.00-504.0

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

 883.4 ULTRA 881.4 INTRA 871.6)864.4-857.0

ULTRA 904.2  INTRA 912.6)920.4 - 9287.2

 

Soybean Meal

May 

 ZMK20  

 

293.20-287.70 Ultra 286.20 Intra 280.2)275.5-266.2  

 ULTRA 297.00 INTRA 309.00

314.00-319.00

Soybean Oil May ZLK20    2967  Ultra 2923  INTRA 2902)2876-2821    ULTRA  3035 INTRA 3070)-3104-3155
Corn May ZCK20  

 ULTRA 368.6 INTRA 360.4)376.2-355.2

  ULTRA 382.0 INTRA 387.0) -395.0-403.0

Wheat May ZWK20  

 Ultra 527.6 Intra 520.4)515.2-509.2

    ULTRA  544.0 INTRA 550.0)558.2-566.0

OATS          

Mary

ZOK20

 

 ULTRA 282.4 INTRA 276.4) 269.2-259.2

 ULTRA 301.4 INTRA 311.2)315.2-321.2

Denatured Fuel Ethanol  

May

ZEK20

 

 ULTRA 1315 Intra 1278) 1247-1222

 ULTRA 1375 Intra 1398)1437-1477

Rough Rice 

May

NNRK20     

B

1171.0-1165.4-1190.0-1228.0-1307.0 -1321.0-1337.0   ULTRA 1348.0 INTRA 1319.0) 1307.0-1288.0

   ULTRA 1387.0 INTRA 1399.0)1419.00-1434.00

Options and Spread Recommendations: 

 

Stock Market Indices

 

Contract Month Symbol Notes BUY SELL Levels

S&P EMINI

March        

ESH20

    B  COVER

 Get ready to roll to June 

  ULTRA 3060.25  INTRA 3333.50)3302.00-3076.00

ULTRA 3176.75 Intra 3197.00)

3225.25-3276.00  

 

DOW EMINI

March

YMH20

 

 ULTRA 26450.00  INTRA 26170.00) 25905.00-25720.00

 

 

ULTRA 27630.00 INTRA 27930.00)

28250.00-28450.00

NASDAQ EMINI

March

NQH20

COVER

 ULTRA 8733.00  Intra  8700.00)- 8640.00-8647.50 

 

ULTRA 8997.00  INTRA 9028.00)

9067.20-9088.50

 

 

Russell Index

March

RTYH20

 

 NEW Ultra 1517.50 INTRA 1497.00) 1488.00-1439.50    

 Ultra 1635.00

INTRA 1647.00)

1677.00-1706.00

FANG FUTURES

March

 

FNG H20

 

 

ULTRA 3440.00 Intra 3423.00)3397.00-3376.00

 ULTRA 3670.00 Intra 3700.00) 3733.00-3777.00

Options and Spread Recommendations: 

 

Softs

 

Contract Month Symbol Notes BUY SELL Levels

Cotton 

      May

CTK20

 

 ULTRA 6428    INTRA 6302) 6220-6110

 ULTRA 6797 Intra 6990) 7093-7288

                               

Coffee

May

KCK20

            

10597 ULTRA 10327 INTRA 10050)9815-9750

ULTRA 10970 INTRA 11225) 11369-11555

 

 

 

 

 

 

Cocoa

May                           

COK20

                    

2807 ULTRA 2755 Intra 2713) 2700-2619

 ULTRA 2840 INTRA 2870) 2900-2960

Lumber

 

May   

 

LBS K20

 

 451.00 ULTRA 445.00 437.50)434.70-430.50 

  467.50 Ultra 455.50 Intra 463.00)465.00-471.00

SUGAR

May

 

SBK20

 

 

1465 ULTRA 1433 INTRA 1426)1407-1400

ULTRA 1497 INTRA 1520)1577-1612

Orange Juice

MaY

OJK20 

B

 

9370-9210-9790  ULTRA 9790 INTRA 96.30)95.50-93.50

 ULTRA 101.50

103.50)104.75-105.00

Options and Spread Recommendations: 

 

Meats

 

Contract Month Symbol Notes BUY SELL Levels

 

 

 Live Cattle 

 

 

April

 

 LEj20                            

 

 

 

 

 

 

ULTRA 110.75 Intra 109.20)108.50-107.50

 

 ULTRA 113.95 Intra 114.25)116.50-118.50

Lean Hogs 

 

 April  

 

HEJ20

 

 

          B         

 6395 ULTRA 6375 INTRA 6270)-6175-5995

ULTRA 6770          INTRA 6887) 6977-7155

 Feeders

May

 

GFK20   

 B

 ULTRA  133.50 INTRA 132.25)130.50-128.75

 ULTRA 137.70  INTRA 138.50)139.50-142.00

MILK

 

May 

 

DCK20  

 

l

 

 ULTRA 1620 Intra 1603)1570-1544

ULTRA 1673 UTRA 1700)1715-1757

Options and Spread Recommendations: