Reports/Calendar

THURSDAY, MAY 28          
8:30 am Initial jobless claims (regular state program) May 23   2.12 million 2.44 million
8:30 am Initial jobless claims (total, NSA) May 23   -- 3.3 million
8:30 am GDP second estimate (annual rate) Q1   -4.8% -4.8%
8:30 am Durable goods orders April   -18.2% -15.4%
8:30 am Core capital goods orders April   -15.0% -0.8%
10 am Pending home sales index April   -- -20.8%
11 am New York Fed's John Williams speaks        
3 pm Philadelphia Fed's Patrick Harker speaks      
EIA Energy Stocks 10:00
Dairy Products Sales 14:00
EIA Gas Storage 9:30
Adv Durable Goods 7:30
GDP (Q1'20) 7:30
Jobless Claims 7:30
FN: Jun CGB/ Long Gilt/ NY Nat Gas

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 ULTRA  3076  INTRA
2982)2888-2785 

 3408  ULTRA 3269 INTRA 3355) 3484-3577

Brent Crude    July  BRNN20 3368 Ultra 3282 Ultra 3188) 3068—2999 ULTRA 3480  INTRA 3580 )3686-3798
ULTRA LOW
SULFUR/HEATING
OIL
July

EHON20

 

 

8977-8712-8510 9315  ULTRA 9415  INTRA 9122)8870-8507

  

 ULTRA 9999 INTRA 10302)10647-10976

RBOB/GASOLINE July y

ERBN20 

 

 

 8657-9973 ULTRA 9677 INTRA  9373) 9077-8777

10812-11153-10719  ULTRA 10207 INTRA 10533) 10821-11135 
NATURAL GAS July

NGN20 July 

 

ULTRA 1.760 ULTRA 1.671)1.600-1555 ULTRA 1.961 INTRA 2.015) 2.085-2142
GAS OIL  JULY 

Gas 20N-ICE

 

 ULTRA 281.50     INTRA

271.50) 266.00 -255.00 

 ULTRA  300.00  NTRA 310.00)320.50-330.00 
   

 

   

Options and Spread Recommendations: 

 

Metals

Contract Month Symbol Roll BUY SELL Levels
Gold

August

 

GCJQ0

 

Roll to August 

 

 1720.70  ULTRA 1717.70  INTRA 1707.50)1688.80-1676.50

1747.70 -1756.30 ULTRA 1752.10 INTRA 1767.50) 1772.00-1787.00 
Silver JULY

 July 

ESIN20 

  1553.00-1733.40    ULTRA 1763.50 INTRA 1733.50)1707.50-1677.50 ULTRA 1811.50 INTRA 1841.00) 1873.50-1892.50
Palladium June

JUNE 

PAM20

    ULTRA 1956.50 INTRA 1936.50)-1911.50-1886.00      ULTRA 1997.00  INTRA 2030.00)2151-.00-2175.00
Platinum JULY  PLN20     870.00 ULTRA 865.00 INTRA 845.50)838.00-817.00

 ULTRA 892.00 Intra 902.00

)912.00- 928.00
Copper July 

HGN20

 

  233.70-243.40-240.50  Ultra 237.00 INTRA  234.50)231.50-228.50   244.50 ULTRA 244.50 INTRA 247.70)250.00-253.00

Options and Spread Recommendations: 

 

Treasuries

 

Contract Month Symbol   BUY Levels SELL Levels
30 Year T-BOND June ZBM20    17911  ULTRA 17811 INTRA 17800)17718-17628  ULTRA 18009 INTRA 18100) 18118-18214
10 YEAR NOTES June ZNM20   13830-13828 ULTRA 13818  Intra  13808)13729-13715    ULTRA 13915 INTRA 13922)14007-14019
5 Year Note June ZFM20    ULTRA 12513.00 INTRA 12510.0)12505.0-12427.0 ULTRA 12526.0 INTRA 12603.0) 12607.0-12613.0
2 Year Note June ZTM20   11007.0  ULTRA 11005..0 INTRA 11004.0)-11002.0-11000.0   ULTRA 11009.0 INTRA 11010.0) 10013.0-11017.0

Options and Spread Recommendations: 

 

Currencies

 

Contract Month Symbol Notes BUY SELL Levels
Dollar Index June DXM20  

9911-9907 ULTRA 9870 INTRA 9837)9801--9776

 

ULTRA 9944 INTRA  9981)10036-10088
Euro Currency JUNE 6EM20   ULTRA 1.0922 INTRA 1.0867)1.0822- 1.0776  11025 ULTRA 11055 INTRA 11087)1.1099-1.1117
Swiss Franc June 6SM20    10292 ULTRA 10267 INTRA 10228)10180-10128  ULTRA 10384 INTRA 10437) 10476-10565
YEN9 June 6JM0   9307  ULTRA 9247 INTRA  9217)9179-9114 Ultra 9329 INTRA 9365)9389-9437
British Pound June 6BM20    Ultra 12203 Intra 12172) 12082-11988  ULTRA 12330 INTRA 12404)12544-12610
Brazilian Real June 6LM20 B Ultra 187.00 Intra 184.80)182.50-177.50  189.15  Ultra 192.15 Intra 195.50)198.65-201.00

Australian Dollar

June

6AM20

b

6483-6453 -6527-6607-6546 Ultra  6579 Intra 6533)6496-6433

Ultra 6656 Intra 6700)6744- 6790

Canadian Dollar JUNE 6CM20  

 7086 -7148 ULTRA  7248 INTRA 7208)7186-7133

7277 ULTRA 7333 INTRA 7399)7440-7489
Mexican Peso JUNE 6MM20  

 ULTRA 445.000 Intra 445.50) 442.00-438.00

 ULTRA 459.00 INTRA

472.00)484.00-499.00 

Options and Spread Recommendations: 

 

Grains

Contract Month Symbol Notes BUY SELL Levels

Soybeans

July

ZSN20

 

  839..4-832.6-829.2   ULTRA 843.4 INTRA 836.6)822.2-809.0

857.0  ULTRA 857.0  INTRA 860.6)867.2 - 876.2

 

Soybean Meal

July 

 ZMN20  

 

 282.40 Ultra 276.70 Intra 273.0) 270.50-267.50  

293.2-285.4  ULTRA 288.4 INTRA 292.4

304.00-311.00

Soybean Oil July ZLN20   2600 -2686-2672  ULTRA  2722 INTRA  2696)2685-2622    2755 ULTRA  2799  INTRA 2833)-2873-2898
Corn June ZCN20  

 315.2-317.2  ULTRA 319.2 INTRA 314.4)307.2-299.2

   ULTRA 325.0 INTRA 333.2) -342.4-347.4

Wheat July ZWN20 cover

501.2 Ultra 500.2 Intra 494.6)491.0-485.2

  ULTRA  515.2 INTRA 525.0)535.4-544.0

OATS          

July

ZON20

B

 260.4 -261.4-262.4 -272.4-280.4-328.2    ULTRA 322.2 INTRA 317.4) 309.2-299.2

330.0 ULTRA  339.0  INTRA 345.2)347.4-352.0

Denatured Fuel Ethanol  

July

ZEN20

 

902.0-872.0-924.0-909-886-1011.0-1084.0-1077.0 -1.111   ULTRA 1.041 Intra 1025.0) 1007.0-999

  ULTRA 1147 Intra 1176) 1237-1277

Rough Rice 

July

NNRN20     

B

1442.0- ULTRA 1627.0 INTRA 1607.0) 1548.0-1519.0

  ULTRA 1676.0 INTRA 1686.0)1697.00-1726.00

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 3016.75  INTRA 2996.50)2976.00-2965.50

3049.50 ULTRA 3059.50 Intra 3080.00)

3098.50-3132.00  

 

DOW EMINI

June

YMM20

 

 24470.00 ULTRA 25436.00 NTRA 25220.00) 25070.00-24833.50

 

 

 25570.00-25773.00  ULTRA 25970.00 INTRA 26083.00)

26270.00-26497.00

NASDAQ EMINI

June 

NQM20

 

 9370.00-9320.00-9275.00-9371.00  ULTRA 9322.00   Intra  9288.00))9255.00-9222.50 

ULTRA 9499.50  INTRA 9533.00)

9585.50-9625.50

 

 

Russell Index

June

RTYM20

 

 1241.00-1222.00-1202.00-1378.00   Ultra 1422.00 INTRA 1402.00-1382.00-1352.50    

1437.00   Ultra 1465.00 

INTRA 1476.00)

1485.00-1497.00

FANG FUTURES

June 

 

FNG M20

 

 

 ULTRA 3658.00 Intra 3622.00)3588.00-3533.00

 ULTRA 3829.00 Intra 3867.00) 3886.00-3927.00

Goldman Sachs Commodity Index 

June

EGI M20 

 

29700 -298.00 Ultra 29500

Ultra 302.00 

Options and Spread Recommendations: 

 

Softs

 

Contract Month Symbol Notes BUY SELL Levels

Cotton 

      July 

CTN20

  

4872-4907-5301-5211 5265 5376-5751-5841 ULTRA 5655  INTRA 5555) 5376-5122

5928-5989 ULTRA 5999  Intra 6239) 6384-6465

                               

Coffee

July 

KCN20

         JULY    

 103.80-102.00 ULTRA 99.80 INTRA 96.00)94.50-92.00

 ULTRA 105.60 INTRA 107.70) 110.00-115.00

 

 

 

 

 

 

Cocoa

June                          

CON20

     

 2377-2344-2376-2346 ULTRA 2332 Intra 2300) 2270-2176

2364-2397- 2436 ULTRA 2372 INTRA  2420) 2556-2585

Lumber

 

July    

 

LBS N20

B

 340.00-363.50-360.50-357.00 ULTRA 354.50 350.50)347.00-344.50 

  Ultra 367.50 Intra 372.00)378.50-388.00

SUGAR

JULY 

 

SBN20

 

 B

945-1007  ULTRA 1052 INTRA 1028)1005-977

 ULTRA 1125   INTRA 1158)1199-1226

Orange Juice

July

OJN20 

B

 

9462-9400-9250 -9580 -9800-9670-107.00-104.50-103.50-105.00 -105.70 -112.70-116.00-125.00      ULTRA 127.00 INTRA 125.50)122.50-119.00

 123.50-124.50 ULTRA 132.50

134.50)139.75-142..00

Options and Spread Recommendations: 

 

Meats

 

Contract Month Symbol Notes BUY SELL Levels

 

 

 Live Cattle 

 

 

 

 

 LEM20                            

 

 

 

 

  

9777 ULTRA 10055  Intra 9937)9875-9722  

 10070 ULTRA 10290  Intra 10475)10555-10770

Lean Hogs 

 

 Junel  

 

HEM20

 

 

      Beware of limits               

 ULTRA 5890 INTRA 5790)-5640-5520

 6170 ULTRA 6370          INTRA 64255) 6575-6975

 Feeders

May

 

GFK20   

 

 126.70 ULTRA  125.50 INTRA 124.50-122.75-11970

  ULTRA 129.50  INTRA 130.50)132.50-137.00

MILK

 

June 

 

DCM20  

 

  

 

1673-1717 ULTRA 1743 INTRA 1697)1676-1612

 1786  ULTRA 1799 ULTRA 1818)1847-1889

Options and Spread Recommendations: