Phil Flynn's Trade Levels 2/18/2020
Today's BUY and SELL levels in Energies, Metals, Treasuries, Currencies, Grains, Softs and Meats.
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Energies
Reports/Calendar:
| WEDNESDAY, FEB. 19 | |||||
|---|---|---|---|---|---|
| 7:10 am | Raphael Bostic speaks | ||||
| 7:30 am | Producer price index | Jan. | 0.2% | 0.2% | |
| 7:30 am | Housing starts | Jan. | 1.440mln | 1.608mln | |
| 7:30 am | Building permits | Jan. | 1.453mln | 1.420 mln | |
| 10:45am | Neel Kashkari speaks | ||||
| 12:30 pm | Rob Kaplan speaks | ||||
| 1 pm | FOMC minutes | ||||
| 3:30 pm | Tom Barkin speaks | ||||
| Contract | Month | Symbol | BUY | SELL Levels |
| Crude Oil WTI | April |
ECJ20 ready to roll to April |
4976_4933-4076 |
5251 -5299? ULTRA 5350 INTRA 5389) 5453-5541 |
| Brent Crude Get | April | BRNJ20 | Ultra 5787 Ultra 5687) 5579—5440 | 5797-5832 ULTRA 5887 INTRA 5932)5997-6032 |
| ULTRA LOW SULFUR/HEATING OIL |
March |
EHOH20
|
ULTRA 16447 Intra 16222) -15921-15588 |
16995 ULTRA 17285 INTRA 17562)17873-18165 |
| RBOB/GASOLINE | March | ERBH20 BBBB | 14470 ULTRA 15987 INTRA 15670) 15322-15067 | 15879 ULTRA 16487 INTRA 16775) 17074-17358 |
| NATURAL GAS | March | NGH20 | ULTRA 1.878 ULTRA 1.788)1.720-1.672 | 1.893 -1.924 ULTRA 1.997 INTRA 2.097) 2.157-2.220 |
| GAS OIL | March | Gas 20H-ICE | 485.50-497.50 ULTRA 503.25 INTRA 492.50) 482.00 -473.00 | ULTRA 514.70 INTRA 523.00)535.75-547.00 |
Options and Spread Recommendations:
Metals
| Contract | Month | Symbol | Roll | BUY | SELL Levels | |
| Gold | April | GCJ20 | ULTRA 1600.50 INTRA 1590.50)1580.50-1555.50 | 1598.70-1607.70 ULTRA 1633.40 INTRA 1647.70) 1655.50-1670.70 | ||
| Silver | March | SIH20 | 1744.40 ULTRA 1808.70 INTRA 1784.50)1778.50-1735.00 | 1799.50-1829.10 ULTRA 1879.50 INTRA 1899.10) 1919.50-1955.00 | ||
| Palladium | March | PAH20 | ULTRA 2512.00 INTRA 2487.50)-2433.50-2297.00 | ULTRA 2778.00 INTRA 2839.00)2874.00-2999.00 | ||
| Platinum | April | PLJ20 | 963.00 ULTRA 991.00 INTRA 977.50)963.50-955.00 |
|
||
| Copper | March | HGH20 | B | Ultra 258.70 INTRA 256.50)254.00-249.50 | ULTRA 267.00 INTRA 268.50)269.00-274.00 |
Options and Spread Recommendations:
Treasuries
| Contract | Month | Symbol | Roll | BUY | SELL Levels |
| 30 Year T-BOND | March | ZBH19 | ULTRA 16217 INTRA 16201)16127-16025 | 16310 ULTRA 16330 INTRA 16416) 16425-16519 | |
| 10 YEAR NOTES | March | ZNH20 | ULTRA 13022 Intra 13003)12926-12909 | ULTRA 13118 INTRA 13128)13209-13227 | |
| 5 Year Note | March | ZFH20 | ULTRA 11925.00 INTRA 11921.0)11918.0-11915.0 | ULTRA 12005.0 INTRA 12007.0) 12012.0-12022.0 | |
| 2 Year Note | March | ZTH20 | ULTRA 10729.0 INTRA 10727.0)-10725.0-10719.0 | ULTRA 10804.00 INTRA 10806.0) 10807.0-10811.0 |
Options and Spread Recommendations:
Currencies
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
| Dollar Index | March | DXH20 |
ULTRA 9909 INTRA 9871)9841-9776
|
9925 ULTRA 9958 Intra 9999)10033-10054 | |
| Euro Currency | March | 6EH20 | B | 108150 ULTRA 107800 INTRA 107500)107320- 106800 | ULTRA 108800 INTRA 109230)109650-110700 |
| Swiss Franc | March | 6SH20 | B! | 10209 ULTRA 10160 INTRA 10125)10090-10060 | ULTRA 10247 INTRA 10280) 10321-10357 |
| YEN9 | March | 6JHH20 | b | 9086 ULTRA 9066 INTRA 9020)8976-8929 | Ultra 9163 INTRA 9222)9253-9290 |
| British Pound | March | 6BH20 | B | Ultra 12920 Intra 12857) 12750-12680 | ULTRA 13070 INTRA 13145)13180-13220 |
| Brazilian Real | March | 6LH20 | 229.25 Ultra 227.35 Intra 225.50)222.00-220.50 | Ultra 232.50 Intra 234.00)237.00-241.50 | |
|
Australian Dollar |
March |
6AH20 |
b |
6697 Ultra 6645 Intra 6621)6607-6555 |
Ultra 6735 Intra 6790)6830-6875 |
| Canadian Dollar | March | 6CH20 | B |
7526 ULTRA 7518 INTRA 7478)7450-7408 |
ULTRA 7565 INTRA 7633)7657-7690 |
| Mexican Peso | March | 6MH20 |
9 526.50-530.50 ULTRA 532.50 Intra 530.50) 527.50-525.00 |
ULTRA 53800 INTRA 542.00)545.50-547.00 |
Options and Spread Recommendations:
Grains
| Contract | Month | Symbol | Notes | BUY | SELL Levels | |
|
Soybeans |
March |
ZSH20 |
B |
ULTRA 885.4 INTRA 879.6)869.4-860.0 |
|
|
|
Soybean Meal |
March |
ZMH20 |
|
293.20-287.70 Ultra 286.30 Intra 280.2)273.5-265.2 |
ULTRA 295.00 INTRA 300.00 305.00-315.00 |
|
| Soybean Oil | March | ZLH20 | 3030 Ultra 2990 INTRA 2970)2957-2932 | ULTRA 3087 INTRA 3120)-3176-3257 | ||
| Corn | March | ZCH20 |
377.4 ULTRA 377.6 INTRA 372.4)365.2-358.2 |
ULTRA 387.2 INTRA 391.0) -399.0-408.0 |
||
| Wheat | March | ZWH20 |
539.6 Ultra 555.6 Intra 547.4)537.2-528.2 |
563.0 ULTRA 573.0 INTRA 581.0)587.2-595.0 |
||
|
OATS |
March |
ZOH20 |
296.4 ULTRA 295.4 INTRA 288.4) 278.2-270.2 |
ULTRA 307.4 INTRA 311.2)316.2-323.2 |
||
|
Denatured Fuel Ethanol |
March |
ZEH20 |
ULTRA 1355 Intra 1331) 1299-1251 |
ULTRA 1386 Intra 1416)1459-1499 |
||
|
Rough Rice |
March |
NNRH20 |
B |
1171.0-1165.4-1190.0-1228.0-1307.0 -1321.0-1337.0 ULTRA 1333.0 INTRA 1307.0) 1299.0-1277.0 |
ULTRA 1366.0 INTRA 1379.0)1399.00-1435.00 |
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 ULTRA 3366.75 INTRA 3357.50)3348.00-3325.25 |
ULTRA 3396.75 Intra 3416.50) 3425.50-3439.00
|
|
DOW EMINI |
March |
YMH20 |
27670.00-27445.00-28075.00-28570.00-29255.00 ULTRA 29155.00 INTRA 28910.00) 28855.00-28620.00
|
ULTRA 29471.00 INTRA 29550.00) 29750.00-29900.00 |
|
|
NASDAQ EMINI |
March |
NQH20 |
8727.00-8833.00-8809.00-8770.00-8740.50-8980.00! ULTRA 9631.00 Intra 9600.00)- 9577.00-9537.50 |
ULTRA 9697.00 INTRA 9728.00) 9767.20-9788.50
|
|
|
Russell Index |
March |
RTYH20 |
NEW Ultra 1678.50 INTRA 1668.00) 1659.00-1648.50 |
1697.70 Ultra 1697.70 INTRA 1709.00) 1714.00-1727.00 |
|
|
FANG FUTURES |
March |
FNG H20
|
ULTRA 3818.00 Intra 3767.00)3753.00-3633.00 |
ULTRA 3875.60 Intra 3899.00) 3933.00-3976.00 |
Options and Spread Recommendations:
Softs
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Cotton |
March |
CTH20 |
|
ULTRA 6755 INTRA 6640) 6532-6425 |
ULTRA 7079 Intra 7175) 7289-7559
|
|
Coffee |
March |
KCH20 |
|
10077--10777 ULTRA 10397 INTRA 10160)10050-9973 |
10370-10577 -10770-11011 ULTRA 10990 INTRA 11037) 11282-11555 |
|
|
|
|
|
|
|
|
Cocoa |
March |
COH20 |
|
ULTRA 2862 Intra 2842) 2827-2776 |
ULTRA 2967 INTRA 2997) 3033-3076 |
|
Lumber |
March
|
LBS H20 |
|
ULTRA 439.00 437.50)434.70-430.50 |
Ultra 457.50 Intra 460.00)466.00-473.00 |
|
SUGAR |
March |
SBH20
|
|
1507 ULTRA 1507 INTRA 1486)1445-1422 |
1526-ULTRA 1566 INTRA 1588)1609-1647 |
|
Orange Juice |
March |
OJH20 |
B
|
9370-9210-9790 ULTRA 9690 INTRA 95.30)94.50-92.50 |
ULTRA 102.70 100.50)102.75-104700 |
Options and Spread Recommendations:
Meats
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Live Cattle
|
April |
LEj20 |
|
ULTRA 119.57 Intra 118.70)115.50-113.50
|
120.50 ULTRA 122.75 Intra 123.50)125.50-128.50 |
|
Lean Hogs
|
April |
HEJ20
|
B |
6395 ULTRA 6495 INTRA 6370)-6175-5875 |
6570 ULTRA 6870 INTRA 6977) 7077-7255 |
|
Feeders |
March |
GFH20 |
B |
ULTRA 138.50 INTRA 136.25)135.50-133.75 |
138.90 ULTRA 142.70 INTRA 142.90)144.50-146.00 |
|
MILK |
March
|
DCH20 |
l
|
(1709 ) ULTRA 1680 Intra 1650)1633-1623 |
ULTRA 1733 UTRA 1758)1765-1815 |
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.