Phil Flynn's Trade Levels 2/21/2020

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

Want even more insight from Phil?

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Energies

Reports/Calendar:

Cattle on Feed 14:00
Export Sales 7:30
Mar 2yr, 5yr, 10yr Notes/ Bonds/ Canola/ Chi, KC, MN Wheat/ Corn/ Long Gilt/ Oats/ OJ/ Rice/ Soybeans/ Soymeal/ Soyoil
LT: Feb Single Stocks
 
FRIDAY, FEB. 21
All day Chicago Booth School conference:
Lael Brainard, Richard Clarida, Raphael Bostic, Loretta Mester		        
9:35 am Rob Kaplan speaks        
9:45 am Markit manufacturing PMI (flash) Feb.   -- 51.9
9:45 am Markit services PMI (flash) Feb.   -- 53.4
10 am Existing home sales

 

Contract Month Symbol BUY SELL Levels
   

 

 

 
Crude Oil WTI April

ECJ20   

4976_4933-4076-5217 
(ULTRA  5276  INTRA
5222)5150-5070 

5430! ULTRA 5420 INTRA 5508) 5545-5631
Brent Crude Get   April BRNJ20 5857 Ultra 5777 Ultra 5727) 5659—5559  5997  ULTRA 5977  INTRA 6032)6077-6124
ULTRA LOW
SULFUR/HEATING
OIL		 March

EHOH20

 

 16747 ULTRA 16459 Intra 16172) -15797-15480

 ULTRA 17255 INTRA 17322)17673-17990
RBOB/GASOLINE  March  ERBH20 BBBB 14470-16387!  ULTRA 16208 INTRA 15908) 15609-15444 16487-16775   ULTRA 16898 INTRA 17275) 17474-17778 
NATURAL GAS March NGH20 1.908 ULTRA 1.798 ULTRA 1.658)1.620-1.602  ULTRA 1.960 INTRA 2.047) 2.157-2.230
GAS OIL March Gas 20H-ICE 485.50-497.50-513.25  ULTRA 488.00     INTRA 480.50) 472.00 -463.00   514.70 ULTRA 519.00  INTRA 528.50)535.50-547.00

Options and Spread Recommendations: 

 

Metals

Contract Month Symbol Roll BUY SELL Levels
Gold April  GCJ20     ULTRA 1613.50  INTRA 1603.50)1593.50-1568.50 1633.30  ULTRA 1655.70 INTRA 1668.20) 1676.50-1688.80 
Silver March SIH20   ULTRA 1813.50 INTRA 1794.50)1778.50-1744.00   1856.50 ULTRA 1867.50 INTRA 1877.00) 1917.50-1944.00
Palladium March PAH20   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

 ULTRA 999.40 Intra 1006.50
)1037.00- 1067.00
Copper March HGH20 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 March ZBH19    ULTRA 16322 INTRA 16303)16227-16115 16402-16408-16422 ULTRA 16519  INTRA 16531) 16622-16709
10 YEAR NOTES March ZNH20   ULTRA 13107 Intra  13027)13005-12922 13115-13125 ULTRA 13215 INTRA 13225)13307-13322
5 Year Note March ZFH20   11925.00 ULTRA 11931.00 INTRA 11928.0)11925.0-11921.0   12005.0 ULTRA 12015.0 INTRA 12019.0) 12027.0-12103.0
2 Year Note March ZTH20   ULTRA 10729.0 INTRA 10727.0)-10725.0-10719.0  ULTRA 10805.00 INTRA 10807.0) 10809.0-10812.0

Options and Spread Recommendations: 

 

Currencies

Contract Month Symbol Notes BUY SELL Levels
Dollar Index March DXH20  

ULTRA 9917 INTRA 9877)9847-9779

 

  9958 ULTRA 9989 Intra   10023)10053-10064
Euro Currency March 6EH20 B 108150  ULTRA 107650 INTRA 107400)107220- 106700  ULTRA 108700 INTRA 109130)109550-110500
Swiss Franc March 6SH20 B! 10209 ULTRA 10160 INTRA 10125)10090-10060  ULTRA 10247 INTRA 10280) 10321-10357
YEN9 March 6JHH20    8936 ULTRA 8906 INTRA  8858)8835-8799 Ultra 9033 INTRA 9082)9053-9160
British Pound March 6BH20 B  12920 Ultra 12852 Intra 12803) 12750-12670  ULTRA 13030 INTRA 13115)13130-13190
Brazilian Real March 6LH20   Ultra 225.40 Intra 223.50)220.00-217.50   Ultra 230.50 Intra 232.00)234.00-238.50

Australian Dollar

March

6AH20

 

6605- Ultra  6555  Intra 6527)6517-6500

 Ultra 6633 Intra 6680)6723-6767
Canadian Dollar March 6CH20 B

 7526  ULTRA  7528 INTRA 7488)7458-7409

 7565 ULTRA 7595 INTRA 7633)7657-7690
Mexican Peso March 6MH20  

9  526.50-530.50-532.50-530.50-527.50-525.00  ULTRA 522.50 Intra 520.50) 517.50-515.00

 53300--536.00 ULTRA 53000 INTRA

533.00)537.50-540.00 

Options and Spread Recommendations: 

 

Grains

Contract Month Symbol Notes BUY SELL Levels

Soybeans

March

ZSH20

  B

 ULTRA 881.4 INTRA 872.6)865.4-858.0

ULTRA 904.2  INTRA 913.6)920.4 - 928.2

 

Soybean Meal

March 

 ZMH20  

 

293.20-287.70 Ultra 288.30 Intra 283.2)276.5-267.2  

 ULTRA 297.00 INTRA 300.00

305.00-315.00
Soybean Oil March ZLH20    3030-2990  Ultra 2976  INTRA 2957)2937-2892    ULTRA  3055 INTRA 3110)-3144-3222
Corn March ZCH20  

377.4  ULTRA 373.6 INTRA 368.4)363.2-357.2

  ULTRA 384.0 INTRA 389.0) -397.0-406.0
Wheat March ZWH20  

 Ultra 550.6 Intra 544.4)534.2-525.2

    ULTRA  563.0 INTRA 571.0)577.2-585.0

OATS          

March

ZOH20

  

296.4  ULTRA 295.4 INTRA 287.4) 277.2-270.2

 ULTRA 305.4 INTRA 311.2)315.2-322.2

Denatured Fuel Ethanol  

March

ZEH20

  

1345-1322 ULTRA 1305 Intra 1276) 1244-1220

  ULTRA 1355 Intra 1388)1437-1477

Rough Rice 

March

NNRH20     

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 1356.0 INTRA 1367.0)1389.00-1425.00

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 -3367.75-3358.50-3349.00   ULTRA 3324.75  INTRA 3308.50)3289.00-3226.25

 3396.75 ULTRA 3376.75 Intra 3397.00)

3425.25-3445.00  

 

DOW EMINI

March

YMH20

  

27670.00-27445.00-28075.00-28570.00-29165.00  ULTRA 28850.00  INTRA 28670.00) 28455.00-28220.00

 

 

ULTRA 29330.00 INTRA 29450.00)

29750.00-29900.00

NASDAQ EMINI

March

NQH20

  

 8727.00-8833.00-8809.00-8770.00-8740.50-8980.00-9655.00-9610.00-9587.00-9847.50    ULTRA 9525.00  Intra  9510.00)- 9487.00-9447.50 

 

9697.00-9728.00-9767.20 ULTRA 9697.00  INTRA 9728.00)

9767.20-9788.50

 

 

Russell Index

March

RTYH20

  

 NEW Ultra 1676.50 INTRA 1667.00) 1658.00-1649.50    

1697.70 Ultra 1710.00

INTRA 1720.00)

1728.00-1736.00

FANG FUTURES

March

 

FNG H20

 

  

3858.00-3833.00 ULTRA 3758.00 Intra 3733.00)3693.00-3646.00

 3875.60-3899.00 ULTRA 3930.00 Intra 3970.00) 4003.00-4044.00

Options and Spread Recommendations: 

 

Softs

 

Contract Month Symbol Notes BUY SELL Levels

Cotton 

      March

CTH20

 

 ULTRA 6748    INTRA 6642) 6533-6427

 ULTRA 7048 Intra 7155) 7279-7547

                               

Coffee

May

KCK20

            

10597 ULTRA 10337 INTRA 10070)98150-9755

ULTRA 11080 INTRA 11425) 11692-11755

 

 

 

 

 

 

Cocoa

 

March                          

COH20

                    

ULTRA 2907  Intra 2867) 2829-2779

 ULTRA 2958 INTRA 2988) 3011-3065

Lumber

 

March   

 

LBS H20

 

 ULTRA 459.00 457.50)454.70-450.50 

  467.50 Ultra 467.50 Intra 470.00)476.00-483.00

SUGAR

March

 

SBH20

 

 

ULTRA 1503 INTRA 1476)1455-1429

ULTRA 1579 INTRA 1628)1667-1720

Orange Juice

March

OJH20 

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

 

 

 Live Cattle 

 

 

April

 

 LEj20                            

 

 

 

 

 

 

119.57  ULTRA 118.57 Intra 117.70)115.50-113.50

 

 ULTRA 121.75 Intra 122.25)124.50-127.50

Lean Hogs 

 

 April  

 

HEJ20

 

 

          B         

 6395 -6675 ULTRA 6675 INTRA 6470)-6375-6195

ULTRA 7070          INTRA 7187) 7277-7455

 Feeders

March 

 

GFH20   

 B

 ULTRA  138.50 INTRA 136.25)135.50-133.75

 138.90  ULTRA 141.70  INTRA 142.50)143.50-145.00

MILK

 

March 

 

DCH20  

 

l

 

 (1709-1680 ) ULTRA 1650 Intra 1633)1620-1610

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.