Phil Flynn's Trade Levels 3/31/2020

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

Reports/Calendar:

9 am Pending home sales index Feb. 2.4% -- 5.3%
 
Chicago PMI 9:00
Prospective Plantings 11:00
API Energy Stocks 15:30
Consumer Confidence 9:00
May ICE Brent Crude
Grain Stocks
Apr NY RBOB/ NY ULSD
May ICE Brent Crude
FN: Apr Copper/ NY Gold & Silver/ NY Platinum & Palladium 10:29
LT: Mar 2yr, 5yr, Notes/ Black Sea Wheat. Butter/ Fed Funds/ Milk
LTO: Mar Black Sea Wheat/ Butter/ Fed Funds/ Milk

Energies

 

Contract Month Symbol BUY SELL Levels
   

 

 

 

Crude Oil WTI

MAY

 

ECK20   

 1936 ULTRA  2020 NTRA
1957)1870- 1776 

2144 ULTRA 2220 INTRA 2278) 2372-2592

Brent Crude    June BRNM20 Ultra 2252 Ultra 2145) 2050—1956  ULTRA 2421  INTRA 2481 )2553-2633
ULTRA LOW
SULFUR/HEATING
OIL
MAY

EHOK20

 

 

10256-9980-9700-9749-10376    ULTRA 10076 Intra 9820) -9524-9287

  

 ULTRA 10651 INTRA 10930)11110-11485

RBOB/GASOLINE  May

ERBK20 

BB

 

 ULTRA 5933 INTRA 5674) 5370-5032

 

(ULTRA 6530 INTRA 6835 ) 7173-7277 
NATURAL GAS May

NGK20

 

  1.652 ULTRA 1.622 ULTRA 1.555)1.427-1.320 1.688-1,777 ULTRA 1.788 INTRA 1.887) 1985-1996
GAS OIL May

Gas 20k-ICE

 

 ULTRA 292.00     INTRA 283.50) 280.00 -274.00   ULTRA  308.25  NTRA 318.50)326.50-330.00 
   

 

   

Options and Spread Recommendations: 

 

Metals

Contract Month Symbol Roll BUY SELL Levels
Gold

JUNE 

 Roll TO  June

GCJM0

 

 

 

 ULTRA 1611.80  INTRA 1587.30)1558.50-1512.70

 ULTRA 1665.-0 INTRA 1676.50) 1690.00-1744.70 
Silver May

ESIK20 

   1196.50-1432.50-1396.50   ULTRA 1376.50 INTRA 1346.50)1333.50-1294.00    ULTRA 1459.00 INTRA 1485.00) 1513.50-1548.00
Palladium June

JUNE 

PAM20

  1402.00-1376.50-1520.00-2173.00-2114.50 ULTRA 2150.00 INTRA 2034.50)-1996.50-1985.00     2242.00 ULTRA 2272.00  INTRA 2289.00)2399.00-2427.00
Platinum JULY  ROLL TO JULY  PLN20     ULTRA 707.00 INTRA 686.50)675.50-642.00

  ULTRA 758.00 Intra 778.50

)805.00- 844.00
Copper May

HGK20

 

     Ultra 215.50 INTRA  212.70)209.50-205.50    220.00 ULTRA 223.00 INTRA 226.50)229.00-233.00

Options and Spread Recommendations: 

 

Treasuries

 

Contract Month Symbol Roll BUY SELL Levels
30 Year T-BOND June ZBM19   18002-17919-ULTRA 17801 INTRA 17717)17621-17601  ULTRA 18019 INTRA 18031) 18329-18509
10 YEAR NOTES June ZNM20   ULTRA 13800 Intra  13722)13628-12528  13829 ULTRA 13829 INTRA 13913)14015-14110
5 Year Note June ZFM20     ULTRA 12504.00 INTRA 12424.0)12414.0-12314.0   ULTRA 12516.0 INTRA 12600.0) 12617.0-12707.0
2 Year Note June ZTM20     ULTRA 10003.0 INTRA 10931.0)-10928.0-10919.0  ULTRA 11012.0 INTRA 11017.0) 11027.0-11109.0

Options and Spread Recommendations: 

 

Currencies

Contract Month Symbol Notes BUY SELL Levels
Dollar Index June DXM20  

9847 ULTRA 9909  INTRA 9847)9823--9777

 

9949  ULTRA 10043 Intra  10079)10122-10150
Euro Currency JUNE 6EM20 B  ULTRA 1.0970 INTRA 1.0940)1.0890- 1.0785 111540-  ULTRA 111000 INTRA 1.1133)1.11720-1.1230
Swiss Franc June 6SM20   10430  ULTRA 10400 INTRA 10370)10333-10280   ULTRA 10492 INTRA 10545) 10599-10677
YEN9 June 6JM0    9248 ULTRA 9221 INTRA  9109)9096-9022   Ultra 9333 INTRA 9376)9445-9499
British Pound June 6BM20   12309 Ultra 12209 Intra 12160) 12068-11870  ULTRA 12523 INTRA 12590)12670-12730
Brazilian Real June 6LM20   195.20-193.50 Ultra 190.20 Intra 187.50)184.00-183.50    Ultra 197.50 Intra 198.00)200.00-203.50

Australian Dollar

June

6AM20

 

 5924-5875 -6090 Ultra  6030 Intra 6000)5973-5877

 6176 Ultra 6210 Intra 6279)6329- 6376

Canadian Dollar JUNE 6CM20  

7073 ULTRA  7023 INTRA 6976)6942-6922

ULTRA 7099 INTRA 7133)7184-7243
Mexican Peso JUNE 6MM20  

415.00 ULTRA 405.00 Intra 403.50) 410.00-397.00

ULTRA 419.00 INTRA

423.00)426.50-430.00 

Options and Spread Recommendations: 

 

Grains

Contract Month Symbol Notes BUY SELL Levels

Soybeans

May

ZSK20

  B

873.0-877.0  ULTRA 867.0 INTRA 858.6)848.4-837.0

   ULTRA 898.2  INTRA 909.6)913.4 - 926.2

 

Soybean Meal

May 

 ZMK20  

 

  Ultra 319.50 Intra 309.2)297.5-288.2  

 324.00 ULTRA 334.00 INTRA 345.00

355.00-367.00

Soybean Oil May ZLK20 BB Ultra 2660 INTRA 2633)2573-2532     ULTRA  2744 INTRA 2789)-2827-2882
Corn May ZCK20 b

 345.2 -339.4 -344.2 ULTRA 340.2 INTRA 334.4)327.2-315.2

  ULTRA 350.4 INTRA 360.2) -370.2-385.0

Wheat May ZWK20  

498.6 -567.6 Ultra 562.6 Intra 555.4)534.2-522.2

  579.0  ULTRA  586.0 INTRA 592.0)600.2-610.0

OATS          

Mary

ZOK20

B

 260.4 -261.4   ULTRA 262.4 INTRA 257.4) 249.2-239.2

 ULTRA 277.2 INTRA 287.2)94.0-299.2

Denatured Fuel Ethanol  

May

ZEK20

 

944 ULTRA 934 Intra 923) 911-886

 ULTRA 989 Intra 995)1036-1123

Rough Rice 

May

NNRK20     

B

 ULTRA 1376.0 INTRA 1354.0) 1301.0-1275.0

    1399.0 ULTRA 1429.0 INTRA 1467.0)1475.00-1495.00

Options and Spread Recommendations: 

 

Stock Market Indices

 

Contract Month Symbol Notes BUY SELL Levels

S&P EMINI

June         

ESM20

       

 2476.75 ULTRA 2586.00  INTRA 2543.50)2517.00-2476.00

2588.00-2633.00 2599.25 ULTRA 2676.00 Intra 2693.25)

2729.00-2750.00  

 

DOW EMINI

June

YMM20

 

21277.00-ULTRA 22773.00 NTRA 22240.00) 22100.00-19990.00

 

 

22000.00 ULTRA 23000.00 INTRA 23450.00)

23840.00-24000.00

NASDAQ EMINI

June 

NQM20

 

  ULTRA 7802.00  Intra  7685.00)- 7633.00-7543.50 

  ULTRA 7999.50  INTRA 8033.00)

8044.60-8076.50

 

 

Russell Index

June

RTYM20

 

 Ultra 1140.50 INTRA 1120.00)1080.00-1050.50    

 Ultra 1173.00

INTRA 1199.00)

1220.00-1250.00

FANG FUTURES

June 

 

FNG M20

 

 

ULTRA 2955.00 Intra 2926.00)2880.00-2825.00

 ULTRA 2999.00 Intra 3030.00) 3037.00-3103.00

Options and Spread Recommendations: 

 

Softs

 

Contract Month Symbol Notes BUY SELL Levels

Cotton 

      May

CTK20

 

5099-4872 ULTRA 4909  INTRA 4812) 4702-4557

 ULTRA 5330  Intra 5399) 5597-6090

                               

Coffee

May

KCK20

            

11620 ULTRA 11620 INTRA 11335)11127-10770

ULTRA 12255 INTRA 12535) 12777-12950

 

 

 

 

 

 

Cocoa

May                           

COK20

                    

ULTRA 2230 Intra 2183) 2124-2078

 ULTRA 2333 INTRA 2379) 2399-2476

Lumber

 

May   

 

LBS K20

 

305.00-303.00-299.00  ULTRA 293.00 290.50)287.00-284.50 

   315.50-320.00 Ultra 300.50 Intra 303.00)307.00-310.00

SUGAR

May

 

SBK20

 

 

1065  ULTRA 1025 INTRA 999)970-955

ULTRA 1099 INTRA 1137)1176-1212

Orange Juice

MaY

OJK20 

B

 

9462-9400-9250 -9580 -9800-9670-11900-117.50-119.00  ULTRA 11600 INTRA 113.50)111.50-107.00

ULTRA 123.00

126.50)130.75-133.00

Options and Spread Recommendations: 

 

Meats

 

Contract Month Symbol Notes BUY SELL Levels

 

 

 Live Cattle 

 

 

Roll to JUNE

 

 LEM20                            

 

 

 

 

 

 COVER 

ULTRA 8800 Intra 8730)8600-8550  

    ULTRA 9175  Intra 9280)9375-99.50

Lean Hogs 

 

 Junel  

 

HEM20

 

 

          B          

  ULTRA 5637 INTRA 5440)-5250-5075

ULTRA 6077          INTRA 6287) 6377-7675

 Feeders

May

 

GFK20   

 COVER

 ULTRA  11750 INTRA 114.25)112.50-110.25

ULTRA 12270  INTRA 125.50)128.50-132.00

MILK

 

May 

 

DCK20  

 

 

 

 ULTRA 1320 Intra 1276)1239-1180

ULTRA 1413 UTRA 1457)1480-1535

Options and Spread Recommendations: