Phil Flynn's Trade Levels 3/26/2020
Today's BUY and SELL levels in Energies, Metals, Treasuries, Currencies, Grains, Softs and Meats.
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Reports/Calendar:
| THURSDAY, MARCH 26 | |||||
|---|---|---|---|---|---|
| 8:30 am | Weekly jobless claims | 3/21 | 2.5 mln | 281,000 | |
| 8:30 am | GDP | Q4 | 2.1% | 2.1% | |
| 8:30 am | Advance trade in goods | Feb. | -$62.8bln | -$65.2bln | |
Jobless Claims 7:30
Energies
| Contract | Month | Symbol | BUY | SELL Levels |
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| Crude Oil WTI |
MAY
|
ECK20 |
2516 -2407-2216-2025 -2347/2357 ULTRA 2257 INTRA |
ULTRA 2485 INTRA 2538) 2632-2707 |
| Brent Crude | BRNM20 | 2936 Ultra 2795 Ultra 2715) 2605—2376 | ULTRA 3033 INTRA 3073)3173-3333 | |
| ULTRA LOW SULFUR/HEATING OIL |
EHOJ20
OPTION EXPIRE THEN ROLL TO MAY ON PRODUCTS |
10256-9980-9700-9749 ULTRA 10476 Intra 10280) -9950-9677 |
10888-11050 ULTRA 11179 INTRA 11450)11676-11676 |
|
| RBOB/GASOLINE | April |
ERBJ20 BB OPTION EXPIRE THEN ROLL TO MAY ON PRODUCTS |
ULTRA 5030 INTRA 4738) 4470-4032
|
5377-5595 (ULTRA 5927 INTRA 6395 ) 6773-7077 |
| NATURAL GAS | April |
NGJ20 OPTION EXPIRE THEN ROLL TO MAY ON PRODUCTS |
ULTRA 1.552 ULTRA 1.452)1.380-1.280 | ULTRA 1.718 INTRA 1.777) 1.875-1.896 |
| GAS OIL | April |
OPTION EXPIRE THEN ROLL TO MAY ON PRODUCTSas 20J-ICE
|
ULTRA 296.00 INTRA 288.50) 283.00 -275.00 | ULTRA 315.00 NTRA 325.50)335.00-340.00 |
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Options and Spread Recommendations:
Metals
| Contract | Month | Symbol | Roll | BUY | SELL Levels | |
| Gold | April | GCJ20 |
1611.70 ULTRA 1607.70 INTRA 1576.30)1537.50-1499.50 |
1649.50-1675.50 ULTRA 1667.-0 INTRA 1699.50) 1722.00-1731.10 | ||
| Silver | May |
ESIK20 |
1196.50 ULTRA 1422.50 INTRA 1386.50)1332.50-1287.00 | ULTRA 1497.00 INTRA 1533.00) 1570.50-1607.00 | ||
| Palladium | June |
JUNE PAM20 |
1402.00-1376.50-1520.00 ULTRA 2103.00 INTRA 2074.50)-2034.50-1955.00 | 1937.00-1976.00-1876.00-1999.00-2027.00 ULTRA 2332.00 INTRA 2376.00)2399.00-2427.00 | ||
| Platinum | April | PLJ20 | 600.00-607.50-590.50 ULTRA 700.00 INTRA 680.50)655.50-622.00 |
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| Copper | May |
HGK20
|
Ultra 213.00 INTRA 210.00)206.00-203.50 | ULTRA 225.00 INTRA 228.50)230.70-233.00 |
Options and Spread Recommendations:
Treasuries
| Contract | Month | Symbol | Roll | BUY | SELL Levels |
| 30 Year T-BOND | June | ZBM19 | ULTRA 17704 INTRA 17607)17519-16731 | ULTRA 17929 INTRA 18019) 18129-18231 | |
| 10 YEAR NOTES | June | ZNM20 | ULTRA 13700 Intra 13622)13528-12427 | 13720 ULTRA 13809 INTRA 13829)13815-13910 | |
| 5 Year Note | June | ZFM20 | 12321.0 ULTRA 12412.00 INTRA 12222.0)12211.0-12200.0 | 12430.0 ULTRA 12510.0 INTRA 12519.0) 12526.0-12615.0 | |
| 2 Year Note | June | ZTM20 | ULTRA 10000.0 INTRA 10928.0)-10922.0-10912.0 | ULTRA 11010.0 INTRA 11017.0) 11027.0-11109.0 |
Options and Spread Recommendations:
Currencies
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
| Dollar Index | June | DXM20 |
ULTRA 10000 INTRA 9977)9933--9877
|
ULTRA 10150 Intra 10190)10222-10250 | |
| Euro Currency | JUNE | 6EM20 | B | ULTRA 1.0880 INTRA 1.0830)1.0790- 1.0755 | 109440-109870 ULTRA 110440 INTRA 1.10870)1.11320-1.11950 |
| Swiss Franc | June | 6SM20 | 10152 ULTRA 10242 INTRA 10177)10029-9990 | ULTRA 10375 INTRA 10448) 10496-10577 | |
| YEN9 | June | 6JM0 | ULTRA 9000 INTRA 8985)8909-8777 | Ultra 9190 INTRA 9276)9345-9499 | |
| British Pound | June | 6BM20 | Ultra 11780 Intra 11650) 11550-11210 | ULTRA 12099 INTRA 12170)12250-12370 | |
| Brazilian Real | June | 6LM20 | Ultra 194.20 Intra 192.50)188.00-187.50 | 198.50-199.00 Ultra 203.50 Intra 206.00)205.00-207.50 | |
|
Australian Dollar |
June |
6AM20 |
5924-5875 Ultra 5824 Intra 5776)5733-5657 |
6033 Ultra 6127 Intra 6176)6199-6222 |
|
| Canadian Dollar | JUNE | 6CM20 |
ULTRA 7033 INTRA 6993)6952-6895 |
ULTRA 7099 INTRA 7138)7214-7324 | |
| Mexican Peso | JUNE | 6MM20 |
ULTRA 40600 Intra 403.50) 399.00-392.00 |
410.10-413.00 ULTRA 416.00 INTRA 419.00)422.50-427.00 |
Options and Spread Recommendations:
Grains
| Contract | Month | Symbol | Notes | BUY | SELL Levels | |
|
Soybeans |
May |
ZSK20 |
B |
873.0-877.0 ULTRA 867.0 INTRA 859.6)847.4-827.0 |
|
|
|
Soybean Meal |
May |
ZMK20 |
|
Ultra 304.50 Intra 291.2)287.5-280.2 |
ULTRA 324.00 INTRA 334.00 343.00-353.00 |
|
| Soybean Oil | May | ZLK20 | BB | 2635 Ultra 2605 INTRA 2567)2533-2475 | 2694 ULTRA 2684 INTRA 2739)-2779-2827 | |
| Corn | May | ZCK20 | b |
345.2 -339.4 -344.2 ULTRA 339.2 INTRA 330.4)325.2-311.2 |
ULTRA 356.4 INTRA 365.2) -376.2-385.0 |
|
| Wheat | May | ZWK20 |
498.6 Ultra 567.6 Intra 557.4)539.2-527.2 |
575.0-579.0 ULTRA 589.0 INTRA 599.0)609.2-619.0 |
||
|
OATS |
Mary |
ZOK20 |
B |
260.4 -261.4 ULTRA 255.4 INTRA 250.4) 245.2-237.2 |
ULTRA 271.2 INTRA 280.2)288.0-295.2 |
|
|
Denatured Fuel Ethanol |
May |
ZEK20 |
970-875 ULTRA 880 Intra 867) 852-796 |
ULTRA 1017 Intra 1045)1115-1203 |
||
|
Rough Rice |
May |
NNRK20 |
B |
ULTRA 1352.0 INTRA 1344.0) 1311.0-1275.0 |
1353.0-1357.0 ULTRA 1399.0 INTRA 1457.0)1475.00-1495.00 |
Options and Spread Recommendations:
Stock Market Indices
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
S&P EMINI |
June |
ESM20 |
|
ULTRA 2376.75 INTRA 2333.50)2277.00-2155.00 |
2544.00 ULTRA 2544.00 Intra 2599.25) 2659.00-2700.00
|
|
DOW EMINI |
June |
YMM20 |
ULTRA 20267.00 NTRA 20180.00) 20000.00-18700.00
|
ULTRA 21470.00 INTRA 21550.00) 21840.00-22000.00 |
|
|
NASDAQ EMINI |
June |
NQM20 |
7350.00 ULTRA 7250.00 Intra 7200.00)- 7173.00-7053.50 |
7590.50-7643.00-7690.50 ULTRA 7599.50 INTRA 7643.00) 7699.20-8226.50
|
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Russell Index |
June |
RTYM20 |
Ultra 1020.50 INTRA 1000.00) 992.00-988.50 |
Ultra 11119.00 INTRA 11129.00) 1235.00-1247.00 |
|
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FANG FUTURES |
June |
FNG M20
|
2534.00-2503.00-2633.00 ULTRA 2833.00 Intra 2803.00)2750.00-2665.00 |
2933.00-2963.00-2973.00 ULTRA 3033.00 Intra 3063.00) 3073.00-3133.00 |
Options and Spread Recommendations:
Softs
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Cotton |
May |
CTK20 |
|
ULTRA 5099 INTRA 4872) 4672-4457 |
ULTRA 5630 Intra 5755) 5887-6270
|
|
Coffee |
May |
KCK20 |
|
10320-10155 ULTRA 12720 INTRA 12495)12217-11990 |
12850 ULTRA 13250 INTRA 13435) 13750-14055 |
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Cocoa |
May |
COK20 |
|
ULTRA 2200 Intra 2153) 2110-2065 |
ULTRA 2296 INTRA 2339) 2373-2436 |
|
Lumber |
May
|
LBS K20 |
|
311.50 ULTRA 305.00 291.50)287.00-277.50 |
Ultra 315.50 Intra 320.00)325.00-332.00 |
|
SUGAR |
May |
SBK20
|
|
ULTRA 1127 INTRA 1086)1040-1007 |
ULTRA 1175 INTRA 1219)1243-1285 |
|
Orange Juice |
MaY |
OJK20 |
B
|
9462-9400-9250 -9580 -9800-9670 ULTRA 11900 INTRA 11750)113.50-108.00 |
ULTRA 127.00 130.50)134.75-138.00 |
Options and Spread Recommendations:
Meats
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Live Cattle
|
April |
LEj20 |
|
106.00-105.20-ULTRA 103.00 Intra 102.00)101.50-98.50- 97.50
|
10915 ULTRA 11175 Intra 113.50)115.50-118.50 |
|
Lean Hogs
|
April |
HEJ20
|
B |
5450-5250 -5790-5650-6607-6550 ULTRA 6507 INTRA 6440)-6250-6075 |
6770 ULTRA 6885 INTRA 6977) 7077-7375 |
|
Feeders |
May |
GFK20 |
|
108.50-12950-128.25-127.50-125.25 ULTRA 12750 INTRA 124.25)122.50-120.25 |
13270 ULTRA 13370 INTRA 137.50)140.50-142.00 |
|
MILK |
May
|
DCK20 |
|
1490 ULTRA 1480 Intra 1435)1419-1380 |
ULTRA 1523 UTRA 1558)1588-1635 |
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.