Phil Flynn's Trade Levels 2/27/2020
Today's BUY and SELL levels in Energies, Metals, Treasuries, Currencies, Grains, Softs and Meats.
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Energies
Reports/Calendar:
| THURSDAY, FEB. 27 | |||||
|---|---|---|---|---|---|
| 8:30 am | Weekly jobless claims | 2/22 | 214,000 | 210,000 | |
| 8:30 am | GDP | Q4 | 2.1% | 2.1% | |
| 8:30 am | Durable goods orders | Jan. | -1.0% | 2.4% | |
| 8:30 am | Core capital goods orders | Jan. | 0.0% | -0.8% | |
| 10 am | Pending home sales index | Jan. | -- | -4.9% | |
| 11:30am | Charles Evans speaks | ||||
A
Trout Production 2:00
GDP (Q4'19) 7:30
FN: Mar CGB/ Long Gilt/ NY Nat Gas
| Contract | Month | Symbol | BUY | SELL Levels |
|
|
|
|
||
| Crude Oil WTI | April |
ECJ20 |
4882-4832 ULTRA 4732 INTRA |
5430! ULTRA 4907 INTRA 4957) 5056-5156 |
| Brent Crude Get | May | BRNK20 l | Ultra 5155 Ultra 5098) 5001—4960 | ULTRA 5305 INTRA 5345)5467-5516 |
| ULTRA LOW SULFUR/HEATING OIL |
Roll to April |
EHOJ20
|
ULTRA 14493 Intra 14172) -13847-13567 |
ULTRA 15089 INTRA 15382)15673-15990 |
| RBOB/GASOLINE | April |
ERBR20 |
ULTRA 14083 INTRA 13778) 13439-13176 | ULTRA 15698 INTRA 15875) 16274-16578 |
| NATURAL GAS | April |
NGJ20
|
1.799 ULTRA 1.709 ULTRA 1.655)1.600-1.572 | ULTRA 1.881 INTRA 1.957) 2.042-2.120 |
| GAS OIL | April |
Gas 20J-ICE
|
ULTRA 436.00 INTRA 426.50) 422.00 -413.00 | ULTRA 459.00 INTRA 468.50)476.50-497.00 |
Options and Spread Recommendations:
Metals
| Contract | Month | Symbol | Roll | BUY | SELL Levels | |
| Gold | April | GCJ20 | 1633.50 ULTRA 1618.50 INTRA 1604.50)1594.50-1578.50 | ULTRA 1669.00 INTRA 1678.50) 1688.50-1717.70 | ||
| Silver | May |
ESIK20 |
1816.50-ULTRA 1783.50 INTRA 1774.50)1757.50-1738.00 | ULTRA 1848.50 INTRA 1876.00) 1906.50-1938.00 | ||
| Palladium | June |
JUNE PAM20 |
2557.00 ULTRA 2663.00 INTRA 2633.50)-2605.50-2577.00 | 2676.00-2690.00 ULTRA 2776.00 INTRA 2790.00)2874.00-2899.00 | ||
| Platinum | April | PLJ20 | ULTRA 905.00 INTRA 880.50)876.50-867.00 |
|
||
| 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 16607 INTRA 16521)16417-16314 | 16709-ULTRA 16729 INTRA 16818) 16827-16920 |
| 10 YEAR NOTES | June | ZNM20 | ULTRA 13223 Intra 13221)13029-12938 | 13227 ULTRA 133309 INTRA 13415)13429-13512 | |
| 5 Year Note | June | ZFM20 | ULTRA 12112.00 INTRA 12040.0)11930.0-11927.0 | ULTRA 12200.0 INTRA 12219.0) 12229.0-12303.0 | |
| 2 Year Note | June | ZTM20 | ULTRA 10818.0 INTRA 10815.0)-10812.0-10808.0 | 10823.0 ULTRA 10826.0 INTRA 10827.0) 10829.0-10830.0 |
Options and Spread Recommendations:
Currencies
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
| Dollar Index | June | DXM20 | ROLL TO JUNE |
ULTRA 9791 INTRA 9758)9733-9702
|
ULTRA 9867 Intra 9910)9963-10012 |
| Euro Currency | JUNE | 6EM20 | ULTRA 10900 INTRA 108700)108330- 108700 | 109990 ULTRA 111039 INTRA 110700)111110-111580 | |
| 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 510.00 Intra 508.50) 505.00-503.00 |
ULTRA 51900 INTRA 520.00)523.50-525.00 |
Options and Spread Recommendations:
Grains
| Contract | Month | Symbol | Notes | BUY | SELL Levels | |
|
Soybeans |
May |
ZSK20 |
B |
883.4 ULTRA 883.0 INTRA 872.6)865.4-858.0 |
|
|
|
Soybean Meal |
May |
ZMK20 |
|
293.20-287.70 Ultra 290.20 Intra 285.2)277.5-268.2 |
297.00 ULTRA 307.00 INTRA 319.00 324.00-329.00 |
|
| Soybean Oil | May | ZLK20 | 2967 Ultra 2933 INTRA 2912)2886-2831 | ULTRA 3044 INTRA 3073)-3107-3157 | ||
| Corn | May | ZCK20 |
ULTRA 367.6 INTRA 359.4)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 1305 Intra 1277) 1247-1222 |
ULTRA 1345 Intra 1378)1427-1467 |
||
|
Rough Rice |
May |
NNRK20 |
B |
1171.0-1165.4-1190.0-1228.0-1307.0 -1321.0-1337.0 ULTRA 1345.0 INTRA 1319.0) 1307.0-1288.0 |
ULTRA 1377.0 INTRA 1390.0)1417.00-1433.00 |
Options and Spread Recommendations:
Stock Market Indices
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
S&P EMINI |
JUNE |
ESM20 |
B COVER Get ready to roll to June |
ULTRA 3050.25 INTRA 3330.50)3302.00-3076.00 |
ULTRA 3165.75 Intra 3187.00) 3215.25-3265.00
|
|
DOW EMINI |
March |
YMH20 |
ULTRA 26350.00 INTRA 26070.00) 25905.00-25720.00
|
ULTRA 27330.00 INTRA 27630.00) 27950.00-28250.00 |
|
|
NASDAQ EMINI |
JUNE |
NQM20 |
COVER |
ULTRA 8713.00 Intra 8676.00)- 8633.00-8607.50 |
ULTRA 8897.00 INTRA 8928.00) 8967.20-8988.50
|
|
Russell Index |
June |
RTYM20 |
NEW Ultra 1507.50 INTRA 1487.00) 1478.00-1429.50 |
Ultra 1558.00 INTRA 1587.00) 1607.00-1626.00 |
|
|
FANG FUTURES |
June |
FNG M20
|
ULTRA 3440.00 Intra 3423.00)3397.00-3376.00 |
ULTRA 3570.00 Intra 3600.00) 3633.00-3677.00 |
Options and Spread Recommendations:
Softs
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Cotton |
May |
CTK20 |
|
ULTRA 6328 INTRA 6272) 6120-6010 |
ULTRA 6697 Intra 6890) 7003-7178
|
|
Coffee |
May |
KCK20 |
|
10597 ULTRA 10827 INTRA 10650)10355-10150 |
10970 ULTRA 11370 INTRA 11575) 11770-11955 |
|
|
|
|
|
|
|
|
Cocoa |
May |
COK20 |
|
2755-2713 ULTRA 2705 Intra 2688) 2633-2607 |
ULTRA 2740 INTRA 2770) 2800-2860 |
|
Lumber |
May
|
LBS K20 |
|
451.00-445.00 ULTRA 440.00 435.50)430.70-427.50 |
467.50-455.50 Ultra 465.50 Intra 473.00)475.00-481.00 |
|
SUGAR |
May |
SBK20
|
|
1465 ULTRA 1433 INTRA 1426)1407-1400 |
ULTRA 1497 INTRA 1520)1577-1612 |
|
Orange Juice |
MaY |
OJK20 |
B
|
9370-9210- ULTRA 9662 INTRA 95.30)94.50-92.50 |
ULTRA 100.50 102.50)103.75-104.00 |
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 114.50 Intra 115.25)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 134.50 INTRA 133.25)131.50-129.75 |
137.70 ULTRA 138.70 INTRA 139.50)140.50-142.00 |
|
MILK |
May
|
DCK20 |
l
|
ULTRA 1620 Intra 1603)1570-1544 |
ULTRA 1673 UTRA 1700)1715-1757 |
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.