Phil Flynn Trade Levels
Phil Flynn Trade Levels
Tuesday, November 3, 2026 · Levels set off overnight / early session trade (near real-time as of ~4:00 AM CT)
Contact Phil Flynn at 888-264-5665 or pflynn@pricegroup.com. Levels for reference only — not a recommendation. Day trade first · swing second · position third. Confirm live quotes on Investing.com, Barchart, or your platform.
Trade Calendar (Central Time)
Sources: MarketWatch Economic Calendar + Moore Research commodity calendar. Times converted to CT.
| Event | Time (CT) | Forecast | Previous | Importance |
|---|---|---|---|---|
| Tue Factory Orders (Sep) | 9:00 AM | 1.3% | 0.1% | Medium |
| Tue JOLTS Job Openings (Sep) | 9:00 AM | 7.1M | 7.1M | High |
| Tue API Energy Stocks | 3:30 PM | — | — | Medium (Energy) |
| Wed ADP Employment (Oct) | 7:15 AM | 75K | 90K | High |
| Wed Trade Balance (Sep) | 7:30 AM | -$107.7B | -$105.6B | Medium |
| Wed ISM Services PMI (Oct) | 9:00 AM | 54.8 | 54.9 | High |
| Wed EIA Petroleum Status Report | 9:30 AM | — | — | High (Energy) |
| Thu Weekly Jobless Claims | 7:30 AM | 197K | 194K | Medium |
| Thu USDA Weekly Export Sales | 7:30 AM | — | — | Medium (Grains) |
| Fri Employment Situation (Oct) | 7:30 AM | 59K / 4.2% | 29K / 4.2% | High |
| Fri U. Michigan Sentiment (Nov prelim) | 9:00 AM | 47.5 | 46.3 | Medium |
Seasonal notes (Moore Research tendencies — confirm in MRCI): late harvest-low window in corn/soybeans still open; wheat seasonal support into winter; gold seasonal bid into year-end; heating oil/NG firm into heating season; lumber accumulation near lows; hogs seasonally soft into November; post-midterm equity seasonality historically supportive.
Previous Levels Review (prior session + overnight)
Many prior Ultras/Intras from the Nov 2 set were tagged or filled, especially energy Ultra sells (crude sold hard toward the 96–100 area after peace-talk/Hormuz headlines). Grain/softs/meats buys and several metal levels also saw tags. Notable overnight: crude rebounding off the 96 low; metals under pressure in gold/silver; equities consolidating. Confirm exact fills on charts. Prior energy Ultra sells and several grain buys worked as previously flagged.
Energy
Driver: Crude rebounding overnight (~98.1 WTI after Monday’s sharp selloff toward 96) on short-covering and residual Middle East headlines; distillates still relatively tight vs 5-year averages while gasoline remains weaker. NG holding near 2.89–2.90. Warm November maps and peace-talk residual still in play.
- Short-term: Dec CL 97/94 put spread or 99.50 calls on a hold above Intra; Dec NG 2.90 straddle.
- Long-dated: Feb HO call spreads for winter diesel (distillates lean); Mar Brent put spreads as peace-deal insurance; Mar NG 3.50 calls as cold-snap lottery.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| Crude Oil Dec (CLZ26) | Ultra 95.50 | Intra 94.90 | 93.80 | Ultra 99.50 | Intra 100.20 | 101.40 | ~98.1 (low ~96.12, high ~98.69). IDR ±2.80. Prior Ultra sells filled. |
| Brent Jan (BZF27) | Ultra 104.50 | Intra 103.80 | 102.60 | Ultra 108.80 | Intra 109.60 | 110.80 | ~106.5–107.0 area. IDR ±2.70. Prior Ultra sell filled. |
| Heating Oil Dec (HOZ26) | Ultra 4.3880 | Intra 4.3300 | 4.2600 | Ultra 4.6200 | Intra 4.6800 | 4.7600 | ~4.51–4.55. IDR ±0.12. |
| RBOB Dec (RBZ26) | Ultra 2.8900 | Intra 2.8500 | 2.8000 | Ultra 3.0200 | Intra 3.0600 | 3.1100 | ~2.94–2.95. IDR ±0.07. Gasoline builds cap rallies. |
| Nat Gas Dec (NGZ26) | Ultra 2.820 | Intra 2.780 | 2.720 | Ultra 2.960 | Intra 3.010 | 3.080 | ~2.89–2.90. IDR ±0.10. |
| Gas Oil December | Ultra 1310 | Intra 1245 | 1200 | Ultra 1400 | Intra 1450 | 1510 | Confirm live. |
| HO-CL Crack Dec | Ultra 88.50 | Intra 87.00 | 83.50 | Ultra 94.50 | Intra 95.50 | 97.00 | $/bbl (HO × 42 − CL). Prior Ultra buy filled. |
| RBOB-CL Crack Dec (Gasoline Crack) | Ultra 24.50 | Intra 23.50 | 21.00 | Ultra 27.70 | Intra 28.70 | 29.50 | $/bbl (RB × 42 − CL). Prior Ultra buy filled. |
Metals
Driver: Gold under pressure near 3908–3915 after recent breakdown; silver softer overnight (~48.7–49) on dollar/yield strength. Central-bank buying and seasonal year-end support the longer-term bid. Copper ~6.35.
- Short-term: Dec GC 3880/3950 strangle or 3900 puts on a break; silver Dec 48.50/47.50 put spread or 50.50 calls.
- Long-dated: Feb GC 4000/4200 call spread for year-end seasonal + CB demand; Mar silver 55 calls for mean-reversion; Mar HG puts while stocks heavy.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| Gold Dec (GCZ26) | Ultra 3880 | Intra 3855 | 3820 | Ultra 3985 | Intra 3999 | 4025 | Spot ~3908–3915. IDR ±50. Prior Ultra buy area tagged. |
| Silver Dec (SIZ26) | Ultra 48.20 | Intra 47.70 | 47.00 | Ultra 50.40 | Intra 50.90 | 51.50 | Spot ~48.7–49. IDR ±1.05. Prior Ultra/Intra buys filled. |
| Platinum Jan (PLF27) | Ultra 1390 | Intra 1370 | 1340 | Ultra 1460 | Intra 1485 | 1515 | Spot ~1420 area. IDR ±26. |
| Palladium Dec (PAZ26) | Ultra 920 | Intra 900 | 870 | Ultra 980 | Intra 1000 | 1030 | Spot ~940 area. IDR ±18. |
| Copper Dec (HGZ26) | Ultra 6.2800 | Intra 6.2200 | 6.1400 | Ultra 6.4800 | Intra 6.5400 | 6.6200 | ~6.35. IDR ±0.08. Prior Ultra tagged. |
Treasuries
Driver: Curve still steepened; 10-year near 4.90–5.00% area. Markets focused on JOLTS, Factory Orders, and Friday’s jobs report; further hike pricing in play.
- Short-term: ZN weekly straddle; TY Dec puts on hotter data.
- Long-dated: ZB Mar call spreads on a growth scare; 2s/10s steepener.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| 30-Year T-Bond (ZBZ26) | Ultra 105-00 | Intra 104-16 | 104-00 | Ultra 106-28 | Intra 107-12 | 108-00 | Confirm. Prior Ultra buy likely filled. |
| 10-Year Note (ZNZ26) | Ultra 104-08 | Intra 103-28 | 103-16 | Ultra 105-20 | Intra 106-00 | 106-16 | 10-yr ~4.91–5.00%. IDR ±14/32. |
| 5-Year Note (ZFZ26) | Ultra 102-20 | Intra 102-10 | 101-28 | Ultra 104-00 | Intra 104-12 | 104-28 | Confirm. |
| 2-Year Note (ZTZ26) | Ultra 100-24 | Intra 100-16 | 100-06 | Ultra 101-28 | Intra 102-08 | 102-20 | Confirm. |
Currencies
Driver: Dollar consolidating off recent highs (~101.4–102 area); euro firm; yen soft ahead of BoJ follow-through. Midterms residual and jobs data next.
- Short-term: 6E Nov straddle; 6J calls on any hawkish lean.
- Long-dated: 6E Mar puts on fiscal risk; DX Mar calls if data keeps hikes live.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| Dollar Index (DXZ26) | Ultra 101.00 | Intra 100.75 | 100.40 | Ultra 102.20 | Intra 102.50 | 102.90 | ~101.4–102.0. IDR ±0.38. |
| Euro (6EZ26) | Ultra 1.1080 | Intra 1.1050 | 1.1005 | Ultra 1.1200 | Intra 1.1235 | 1.1285 | Spot ~1.114 area. Spot basis; add futures premium. |
| Yen (6JZ26) | Ultra 0.6280 | Intra 0.6255 | 0.6215 | Ultra 0.6365 | Intra 0.6395 | 0.6440 | USD/JPY ~157.8 area. Spot basis. |
| British Pound (6BZ26) | Ultra 1.3220 | Intra 1.3170 | 1.3100 | Ultra 1.3420 | Intra 1.3470 | 1.3540 | Est. ~1.33. Confirm. |
| Aussie (6AZ26) | Ultra 0.6920 | Intra 0.6890 | 0.6850 | Ultra 0.7050 | Intra 0.7085 | 0.7130 | Est. ~0.70. Confirm. |
Grains
Driver: Mixed overnight — corn soft near 446–448, beans holding ~1210–1220, wheat ~604–606. Harvest-low seasonal window open; export interest and Brazilian real still factors. Crop Progress later.
- Short-term: Dec wheat 590 puts or sell 580 put to get long near seasonal low; Dec corn straddle.
- Long-dated: July wheat 650/700 call spread; March corn 480 calls; Jan soybean 1260 calls if China buying resumes.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| Corn Dec (ZCZ26) | Ultra 440.0 | Intra 436.6 | 432.0 | Ultra 452.0 | Intra 455.4 | 460.0 | ~446–448. IDR ±6. Prior levels nearby. |
| Soybeans Nov (ZSX26) | Ultra 1195.0 | Intra 1188.6 | 1180.0 | Ultra 1230.0 | Intra 1237.6 | 1248.0 | ~1210–1220. Prior Ultra filled. |
| Wheat Dec (ZWZ26) | Ultra 590.0 | Intra 584.6 | 577.0 | Ultra 612.0 | Intra 617.6 | 626.0 | ~604–606. Prior Ultra/Intra filled. |
| Soy Meal Dec (ZMZ26) | Ultra 316.0 | Intra 312.5 | 307.5 | Ultra 328.0 | Intra 331.5 | 337.0 | ~319–320 area. |
| Soy Oil Dec (ZLZ26) | Ultra 64.20 | Intra 63.70 | 63.00 | Ultra 66.20 | Intra 66.70 | 67.40 | ~65.3–65.4. Prior Ultra/Intra filled. |
| Oats Dec (ZOZ26) | Ultra 338.0 | Intra 334.4 | 329.0 | Ultra 352.0 | Intra 355.6 | 361.0 | ~342 area. Confirm. |
Stock Market Indices
Driver: Futures consolidating after Big Tech earnings reaction and soft close. Risk sentiment, JOLTS, and residual midterm focus. Overnight: ES ~7560–7580, NQ softer-to-mixed, YM more resilient.
- Short-term: NQ Dec 27800/27300 put spread or 28600 calls on a soft-data bounce; ES weekly straddle.
- Long-dated: Post-midterm seasonal equity calls; NQ Mar put spreads as AI-capex hedge.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| E-mini S&P Dec (ESZ26) | Ultra 7480 | Intra 7440 | 7380 | Ultra 7640 | Intra 7680 | 7740 | ~7560–7580. Prior Ultra nearby. |
| E-mini Nasdaq Dec (NQZ26) | Ultra 27800 | Intra 27500 | 27100 | Ultra 28600 | Intra 28900 | 29300 | Softer overnight. Prior Ultra buy filled. |
| E-mini Dow Dec (YMZ26) | Ultra 51000 | Intra 50700 | 50300 | Ultra 52000 | Intra 52300 | 52700 | More resilient. Prior Ultra sell filled. |
| Russell Index RTYz26 | 2798.00 | 2776.00 | 2738.00 | 2844.00 | 2888.00 | 29800 |
Softs
Driver: Cocoa and coffee still digesting recent lows and weather/supply headlines; sugar mixed.
- Short-term: Cocoa Dec put spreads; coffee Dec straddle.
- Long-dated: Cocoa Mar calls on any weather shift; coffee Mar call spreads.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| Cocoa Dec | Ultra 5350 | Intra 5280 | 5080 | Ultra 5520 | Intra 5600 | 5700 | Prior Ultra/Intra buys filled. Confirm live. |
| Coffee Dec | Ultra 285.00 | Intra 279.50 | 262.00 | Ultra 299.00 | Intra 303.50 | 306.00 | Prior Ultra buy filled. Confirm live. |
| Sugar Mar | Ultra 1822 | Intra 17.80 | 17.30 | Ultra 1933 | Intra 1976 | 20.50 | |
| Cotton December | Ultra 7602 | Intra 7444 | 7333 | 7878 | 7999 | 8080 |
Lumber
Driver: Seasonal accumulation bias near lows; housing data still mixed.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| Lumber (LBR) [f27] | Ultra 500.0 | Intra 485.0 | 465.0 | Ultra 540.0 | Intra 555.0 | 575.0 | ~525 area. t. Do not remove. |
Meats
Driver: Cattle holding recent recovery after sharp selloff; hogs still soft into seasonal weakness.
- Short-term: Live cattle Dec put spreads or straddle; lean hogs Dec puts.
- Long-dated: Feb cattle call spreads on demand; Feb hogs puts into winter.
| Market | Ultra Buy | Intra Buy | Outlier Buy | Ultra Sell | Intra Sell | Outlier Sell | Notes / Previous Hits |
|---|---|---|---|---|---|---|---|
| Live Cattle Dec | Ultra 214.50 | Intra 212.80 | 210.50 | Ultra 224.50 | Intra 226.50 | 229.00 | Prior Ultra/Intra buys filled. ~219.4. |
| Fedder Cattle | 33060 | 32770 | 32400 | 33600 | 33800 | 34000 | |
| Lean Hogs Dec | Ultra 56.50 | Intra 55.60 | 54.20 | Ultra 60.50 | Intra 61.50 | 62.80 | Prior Ultra/Intra buys filled (contract low). ~58.4. |
Levels for reference only. Confirm live quotes. Contact Phil Flynn at 888-264-5665 or pflynn@pricegroup.com. Not a recommendation.
| TUESDAY, NOV. 7 | ||||||
| 7:30 am | U.S. trade deficit | Sept. | -$59.8B | $58.3 billion | ||
| 8:15 am | Fed Vice Chair for Supervision Barr speaks | |||||
| 9:00 am | Fed Gov. Waller speaks | |||||
| 3:00 pm | Consumer credit | Sept. | $9.5B | -15.6 | ||
| 3:30 | API Energy Stocks |
Levels for reference only. Confirm live quotes. Contact Phil Flynn at 888-264-5665 or pflynn@pricegroup.com. Not a recommendation.
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