Reports/Calendar
| THURSDAY, JUNE 4 | |||||
| 7:30 am | Initial jobless claims (regular state program, SA) | May 30 | 1.81 million | 2.12 million | |
| 7:30 am | Initial jobless claims (total, not seasonally adjusted)) | May 30 | -- | 3.11 million | |
| 7:30 am | Trade deficit | April | -$49.5 billion | -$44.4 billion | |
| 7:30 am | Productivity (revision) | Q1 | -2.7 | -2.5% | |
| 7:30 am | Unit labor costs (revision) | Q1 | 5.1% | 4.8 |
Phil Flynn's Trade Levels
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
| Contract | Month | Symbol | BUY | SELL Levels |
|
|
|
|
||
| Crude Oil WTI |
JULY |
ECLN20
|
2552-3258-3162-3557-3667 ULTRA 3551 INTRA |
3736-3795 ULTRA 3743 INTRA 3822) 3923-4070 |
| Brent Crude | August | BRNQ20 | 3955 Ultra 3811 Ultra 3758) 3655—3533 | 4010 ULTRA 4010 INTRA 4090 )4115-4292 |
| ULTRA LOW SULFUR/HEATING OIL |
July |
EHON20
|
8977-8712-8510 93159415-9122-10682 ULTRA 10282 INTRA 9926)9677-9377 |
11030 ULTRA 10880 INTRA 11080)11375-11676 |
| RBOB/GASOLINE | July y |
ERBN20
|
8657-9973 ULTRA 10902 INTRA 10603) 10327-9943 |
ULTRA 11586 INTRA 11977) 12271-12315 |
| NATURAL GAS | July |
NGN20 July
|
1.760 ULTRA 1.740 ULTRA 1.682)1.630-1.595 | 1.857 ULTRA 1.860 INTRA 1.932 2.025-2103 |
| GAS OIL | JULY |
Gas 20N-ICE
|
323.00-316.50 ULTRA 307.00 INTRA 297.50) 290.00 -285.00 |
297.00-307.00-317.00-330.00 ULTRA 326.00 NTRA 336.00)346.00-355.00 |
|
|
Options and Spread Recommendations:
Metals
| Contract | Month | Symbol | Roll | BUY | SELL Levels | |
| Gold |
August
|
GCQ0
|
Roll to August |
1702.90 ULTRA 1695.00 INTRA 1685.10)1676.20-1668.50 |
1747.70 -1756.30-1752.50 ULTRA 1719.40 INTRA 1726.30) 1754.00-1773.00 | |
| Silver | JULY |
July ESIN20 |
1553.00-1733.40 -1802.50 ULTRA 1759.50 INTRA 1724.10)1704.50-1688.50 | 1829.50-1855.00-1888.50 ULTRA 1825.50 INTRA 1904.70) 1944.50-1987.50 | ||
| Palladium | June |
JUNE PAM20 |
1956.50-1936.50-1911.50-1886.00-1944.50 ULTRA 1927.50 INTRA 1917.50)-1911.50-1899.00 | ULTRA 1964.00 INTRA 1979.00)2023-.00-2127.70 | ||
| Platinum | JULY | PLN20 | 856.00 ULTRA 850.00 INTRA 844.50)836.00-827.00 |
|
||
| Copper | July |
HGN20
|
233.70-243.40-240.50 Ultra 243.60 INTRA 240.50)238.80-235.50 | 248.50 ULTRA 250.00 INTRA 252.50)255.50-258.00 |
Options and Spread Recommendations:
Treasuries
| Contract | Month | Symbol | BUY Levels | SELL Levels | |
| 30 Year T-BOND | June | ZBM20 | 17721 ULTRA 17701 INTRA 17621)17607-17521 | 18006 ULTRA 17726 INTRA 17811) 17916-18102 | |
| 10 YEAR NOTES | June | ZNM20 | ULTRA 13816 Intra 13807)13722-13712 | 13914 ULTRA 13918 INTRA 14002)14013-14101 | |
| 5 Year Note | June | ZFM20 | 12518.00 ULTRA 12512.00 INTRA 12507.0)12504.0-12502.0 | 12527.0 ULTRA 12531.0 INTRA 12605.0) 12613.0-12700.0 | |
| 2 Year Note | June | ZTM20 | 11007.0 ULTRA 11004..0 INTRA 11003.0)-11001.0-10931.0 | ULTRA 11009.0 INTRA 11010.0) 10013.0-11015.0 |
Options and Spread Recommendations:
Currencies
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
| Dollar Index | June | DXM20 |
ULTRA 9670 INTRA 9627)9576--9522
|
ULTRA 9799 INTRA 9833)9883-9928 | |
| Euro Currency | JUNE | 6EM20 | ULTRA 1.1550 INTRA 1.1185)1.0974- 1.0985 | ULTRA 11325 INTRA 11397)1.1429-1.1477 | |
| Swiss Franc | June | 6SM20 | B | 10292 ULTRA 10350 INTRA 10278)10242-10188 | ULTRA 10487 INTRA 10532) 10590-10617 |
| YEN | June | 6JM0 | 9257-9229-9188 ULTRA 9157 INTRA 9127)9078-9022 | 9329 Ultra 9255 INTRA 9290)9320-9388 | |
| British Pound | June | 6BM20 | B | Ultra 12450 Intra 12402) 12355-12250 | 12505 ULTRA 12678 INTRA 12760)12807-12880 |
| Brazilian Real | June | 6LM20 | Cover | Ultra 181.20 Intra 179.20)175.50-173.50 | Ultra 189.15 Intra 192.50)194.00-199.00 |
|
Australian Dollar |
June |
6AM20 |
b |
6483-6453 -6527-6607-6546 Ultra 6870 Intra 6840)6791-6672 |
6933 -6970-6999 Ultra 6955 Intra 7020)7056- 7124 |
| Canadian Dollar | JUNE | 6CM20 |
7086 -7148-7258 ULTRA 7374 INTRA 7322)7286-7237 |
7373-7399 ULTRA 7467 INTRA 7489)7533-7580 | |
| Mexican Peso | JUNE | 6MM20 |
445.00 -456.00 ULTRA 450.00 Intra 447.50) 444.00-442.00 |
458.70 -460.00 ULTRA 463.50 INTRA 467.00)471.00-475.00 |
Options and Spread Recommendations:
Grains
| Contract | Month | Symbol | Notes | BUY | SELL Levels | |
|
Soybeans |
July |
ZSN20 |
|
ULTRA 851.0 INTRA 844.6)839.4-832.0 |
|
|
|
Soybean Meal |
July |
ZMN20 |
|
Ultra 282.70 Intra 278.0) 272.50-269.50 |
ULTRA 292.0 INTRA 299.2 307.00-311.00 |
|
| Soybean Oil | July | ZLN20 | 2773 ULTRA 2733 INTRA 2696)2655-2617 | 2809 ULTRA 2821 INTRA 2863)-2889-2943 | ||
| Corn | June | ZCN20 |
ULTRA 320.2 INTRA 317.4)309.2-302.4 |
ULTRA 332.0 INTRA 338.2) -344.4-354.4 |
||
| Wheat | July | ZWN20 | cover |
Ultra 507.2 Intra 500.2)497.0-488.4 |
515.2 ULTRA 526.2 INTRA 532.0)537.2-545.2 |
|
|
OATS |
July |
ZON20 |
B |
260.4 -261.4-262.4 -272.4-280.4-325.2 ULTRA 326.4 INTRA 320.2) 314.4-305.2 |
332.2 ULTRA 340.2 INTRA 347.0)351.2-357.0 |
|
|
Denatured Fuel Ethanol |
July |
ZEN20 |
902.0-872.0-924.0-909-886-1011.0-1084.0-1077.0 -1.111 ULTRA 1.099 Intra 1068.0) 1049.0-1019.0 |
1149 ULTRA 1189 Intra 1209) 1257-1307 |
||
|
Rough Rice |
July |
NNRN20 |
B |
1442.0- ULTRA 2057.0 INTRA 20207.0) 1976.0-1944.0 |
2057.0-2076.00-2088.00-2122.00-2136.00 ULTRA 2267.0-2296.00 INTRA 2338.0)2372.00-2436.00 |
Options and Spread Recommendations:
Stock Market Indices
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
S&P EMINI |
June |
ESM20 |
|
2731..00 -27717.50--2812.00-2795.50-2776.00-2822.50-2772.50-2912.50 -2937.75-2914.50-2976.75 ULTRA 3083.75 INTRA 3054.50)3019.00-2996.00 |
3116.75-3129.00 ULTRA 3141.75 Intra 3160.00) 3176.50-3195.00
|
|
DOW EMINI |
June |
YMM20 |
ULTRA 26000.00 NTRA 25820.00) 25660.00-25450.50
|
26135.00 ULTRA 26555.00 INTRA 26776.00) 26850.00-27050.00 |
|
|
NASDAQ EMINI |
June |
NQM20 |
ULTRA 9625.00 Intra 9586.00)9567.00-9549.50 |
ULTRA 9739.50 INTRA 9776.00) 9800.50-9846.50
|
|
|
Russell Index |
June |
RTYM20 |
1382.00 Ultra 1427.00 INTRA 1408.00-1377.00-1367.50 |
1449.00 -1457.00 Ultra 1481.00 INTRA 1497.00) 1517.00-1559.00 |
|
|
FANG FUTURES |
June |
FNG M20
|
ULTRA 3878.00 Intra 3844.00)3815.00-3740.00 |
3899.00-3937.00 ULTRA 3971.50 Intra 3987.00) 3999.00-4047.00 |
|
|
Goldman Sachs Commodity Index |
June |
EGI M20 |
29700 -298.00 Ultra 309.00 |
308.00 Ultra 314.00 |
Options and Spread Recommendations:
Softs
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Cotton |
July |
CTN20 |
|
4872-4907-5301-5211 5265 5376-5751-ULTRA 5907 INTRA 5788) 5556-5432 |
5889 ULTRA 6277 Intra 6399) 6497-6598
|
|
Coffee |
July |
KCN20 |
JULY |
96.80 ULTRA 97.70 INTRA 95.30)93.00-89.50 |
9900 ULTRA 10200 INTRA 105.50) 107.00-111.00 |
|
|
|
|
|
|
|
|
Cocoa |
June |
CON20 |
|
2372- ULTRA 2372 INTRA 2343) 2284-2232 |
2470-2483 ULTRA 2480 INTRA 2527) 2580-2636 |
|
Lumber |
July
|
LBS N20 |
B |
340.00-355.00-347.50 ULTRA 345.00 337.50)330.00-325.50 |
Ultra 357.50 Intra 362.00)375.50-380.00 |
|
SUGAR |
JULY |
SBN20
|
B |
945-1007 ULTRA 1137 INTRA 1099)1071-1028 |
1163 ULTRA 1197 INTRA 1227)1276-1299 |
|
Orange Juice |
July |
OJN20 |
B
|
9462-9400-9250 -9580 -9800-9670-107.00-104.50-103.50-105.00 -105.70 -112.70-116.00 ULTRA 126.00 INTRA 123.65)119.50-117.00 |
123.50-125.50 ULTRA 132.50 135.50)139.00-144..00 |
Options and Spread Recommendations:
Meats
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Live Cattle
|
August |
LEQ20 |
|
9755 -9627 ULTRA 9655 Intra 9507)9435-9322 |
ULTRA 9897 Intra 10005)10170-10320 |
|
Lean Hogs
|
August |
HEQ20
|
|
ULTRA 5402 INTRA 5227)-5075-4977 |
5670 ULTRA 5660 INTRA 5775) 5915-6045 |
|
Feeders |
August |
GFQ20 |
|
126.70 ULTRA 131.50 INTRA 128.50-125.25-12370 |
ULTRA 136.50 INTRA 139.50)141.50-145.00 |
|
MILK |
June
|
DCM20 |
|
1673-1717 ULTRA 1985 INTRA 1936)1903-1876 |
1988 ULTRA 2038 ULTRA 2086)2122-2177 |
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.