Phil Flynn's Trade Levels 3/25/2020
Today's BUY and SELL levels in Energies, Metals, Treasuries, Currencies, Grains, Softs and Meats.
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Reports/Calendar:
| WEDNESDAY, MARCH 25 | |||||
|---|---|---|---|---|---|
| 8:30 am | Durable goods orders | Feb. | -0.5% | -0.2% | |
| 8:30 am | Core capital goods orders | Feb. | -0.5% | 1.1% | |
Energies
| Contract | Month | Symbol | BUY | SELL Levels |
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| Crude Oil WTI |
MAY
|
ECK20 |
2516 -2407-2216-2025 -2347 ULTRA 2357 INTRA |
ULTRA 2599 INTRA 2688) 2772-2807 |
| Brent Crude | Roll May to June | BRNM20 l | 2686 Ultra 2936 Ultra 2725) 2635—2399 | 2793 ULTRA 3093 INTRA 3173)3233-3333 |
| ULTRA LOW SULFUR/HEATING OIL |
EHOJ20
|
10256-9980-9700-9749 ULTRA 10586 Intra 10380) -10050-9777 |
10888-11050 ULTRA 11299 INTRA 11550)11922-12250 |
|
| RBOB/GASOLINE | April |
ERBJ20 BB |
ULTRA 4330 INTRA 4088) 3770-3532 | (ULTRA 5377 INTRA 5595 ) 5973-6377 |
| NATURAL GAS | April |
NGJ20
|
1.588-1.552 ULTRA 1.652 ULTRA 1.452)1.380-1.280 | 1.656-1.700 ULTRA 1.760 INTRA 1.807) 1.885-1.896 |
| GAS OIL | April |
Gas 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 |
ULTRA 1611.70 INTRA 1576.30)1537.50-1499.50 |
1649.50-1675.50 ULTRA 1735.-0 INTRA 1775.50) 1799.00-18126.70 | ||
| Silver | May |
ESIK20 |
1196.50 ULTRA 1402.50 INTRA 1376.50)1322.50-1277.00 | ULTRA 1497.00 INTRA 1533.00) 1570.50-1607.00 | ||
| Palladium | June |
JUNE PAM20 |
1402.00-1376.50-1520.00 ULTRA 1803.00 INTRA 1774.50)-1734.50-1655.00 | 1801.00-1835.00-1876.00 ULTRA 1937.00 INTRA 1976.00)1999.00-2027.00 | ||
| Platinum | April | PLJ20 | 600.00-607.50-590.50 ULTRA 703.00 INTRA 680.50)655.50-622.00 |
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| Copper | May |
HGK20
|
204.00 Ultra 215.00 INTRA 212.50)208.00-205.50 | 220.00 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 | 16727 ULTRA 17622 INTRA 17424)17329-16831 | 17531-17722-17827-17930 ULTRA 17921 INTRA 18014) 18122-18231 | |
| 10 YEAR NOTES | June | ZNM20 | 13512-13414 ULTRA 13700 Intra 13622)13528-12427 | 13531-13625-13705 ULTRA 13720 INTRA 13804)13815-13914 | |
| 5 Year Note | June | ZFM20 | 12321.0 ULTRA 12410.00 INTRA 12220.0)12211.0-12200.0 | ULTRA 12430.0 INTRA 12510.0) 12516.0-12605.0 | |
| 2 Year Note | June | ZTM20 | 10925.0-11002.0 ULTRA 10000.0 INTRA 10925.0)-10920.0-10910.0 | 11011.0-11017.0-11018.0-11009.0 ULTRA 11007.0 INTRA 11014.0) 11022.0-11107.0 |
Options and Spread Recommendations:
Currencies
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
| Dollar Index | June | DXM20 |
10150 ULTRA 10100 INTRA 10075)10033--9977
|
10260-1029010330-10380-10130-10180 ULTRA 10250 Intra 10290)10322-10350 | |
| Euro Currency | JUNE | 6EM20 | B | ULTRA 1.0720 INTRA 1.0670)1.0630- 1.0555 | ULTRA 109440 INTRA 1.09870)1.10220-1.11650 |
| Swiss Franc | June | 6SM20 | 10152 ULTRA 10182 INTRA 10157)10019-9990 | ULTRA 10359 INTRA 10418) 10476-10537 | |
| YEN9 | June | 6JM0 | ULTRA 9000 INTRA 8955)8900-8777 | Ultra 9170 INTRA 9249)9315-9449 | |
| British Pound | June | 6BM20 | Ultra 11680 Intra 11550) 11450-11110 | ULTRA 11999 INTRA 12070)12150-12270 | |
| Brazilian Real | June | 6LM20 | Ultra 19220 Intra 189.50)187.00-184.50 | 196.50-199.00 Ultra 198.50 Intra 200.00)203.00-206.50 | |
|
Australian Dollar |
June |
6AM20 |
Ultra 5924 Intra 5875)5832-5577 |
6033 Ultra 6127 Intra 6176)6199-6222 |
|
| Canadian Dollar | JUNE | 6CM20 |
ULTRA 6973 INTRA 6933)6852-6795 |
ULTRA 7093 INTRA 7138)7214-7324 | |
| Mexican Peso | JUNE | 6MM20 |
ULTRA 39700 Intra 395.50) 393.00-389.00 |
407.10 ULTRA 410.10 INTRA 413.00)417.50-420.00 |
Options and Spread Recommendations:
Grains
| Contract | Month | Symbol | Notes | BUY | SELL Levels | |
|
Soybeans |
May |
ZSK20 |
B |
873.0 ULTRA 877.0 INTRA 868.6)847.4-827.0 |
|
|
|
Soybean Meal |
May |
ZMK20 |
|
Ultra 324.50 Intra 311.2)303.5-296.2 |
331.00 ULTRA 347.00 INTRA 355.00 367.00-376.00 |
|
| Soybean Oil | May | ZLK20 | BB | Ultra 2635 INTRA 2596)2573-2485 | 2694 ULTRA 2694 INTRA 2739)-2779-2827 | |
| Corn | May | ZCK20 | b |
345.2 -339.4 ULTRA 344.2 INTRA 337.4)328.2-312.2 |
ULTRA 3609.4 INTRA 371.2) -379.2-388.0 |
|
| Wheat | May | ZWK20 |
498.6 Ultra 555.6 Intra 547.4)528.2-517.2 |
ULTRA 575.0 INTRA 579.0)589.2-599.0 |
||
|
OATS |
Mary |
ZOK20 |
B |
260.4 -261.4 ULTRA 268.4 INTRA 260.4) 255.2-247.2 |
ULTRA 281.2 INTRA 290.2)298.0-305.2 |
|
|
Denatured Fuel Ethanol |
May |
ZEK20 |
970-875 ULTRA 880 Intra 867) 852-796 |
ULTRA 1027 Intra 1055)1155-1223 |
||
|
Rough Rice |
May |
NNRK20 |
B |
ULTRA 1310.0 INTRA 1274.0) 1221.0-1197.0 |
ULTRA 1353.0 INTRA 1357.0)1405.00-1455.00 |
Options and Spread Recommendations:
Stock Market Indices
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
S&P EMINI |
June |
ESM20 |
|
ULTRA 2380.75 INTRA 2336.50)2287.00-2235.00 |
ULTRA 2544.00 Intra 2599.25) 2659.00-2700.00
|
|
DOW EMINI |
June |
YMM20 |
ULTRA 20277.00 NTRA 20180.00) 20000.00-18400.00
|
ULTRA 22370.00 INTRA 22550.00) 22840.00-23000.00 |
|
|
NASDAQ EMINI |
June |
NQM20 |
ULTRA 7350.00 Intra 7200.00)- 7173.00-7053.50 |
ULTRA 7990.50 INTRA 8243.00) 8499.20-8926.50
|
|
|
Russell Index |
June |
RTYM20 |
Ultra 1050.50 INTRA 1040.00) 1020.00-999.50 |
Ultra 1200.00 INTRA 1210.00) 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 |
2887.00 ULTRA 2933.00 Intra 2963.00) 2973.00-3033.00 |
Options and Spread Recommendations:
Softs
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Cotton |
May |
CTK20 |
|
ULTRA 5199 INTRA 4972) 4772-4557 |
ULTRA 5630 Intra 5755) 5887-6270
|
|
Coffee |
May |
KCK20 |
|
10320-10155 ULTRA 12320 INTRA 11995)11715-11440 |
12550 ULTRA 12850 INTRA 13135) 13350-13755 |
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|
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Cocoa |
May |
COK20 |
|
2233 ULTRA 2230 Intra 2173) 2120-2075 |
2296 ULTRA 2346 INTRA 2389) 2433-2496 |
|
Lumber |
May
|
LBS K20 |
|
302.00-297.50-294.00-318.00 ULTRA 315.00 311.50)307.00-297.50 |
333.50-336.00-339.00 -344.00-325,50 Ultra 335.50 Intra 339.00)345.00-352.00 |
|
SUGAR |
May |
SBK20
|
|
ULTRA 1131 INTRA 1087)1044-1009 |
ULTRA 1189 INTRA 1229)1253-1295 |
|
Orange Juice |
MaY |
OJK20 |
B
|
9462-9400-9250 -9580 -9800-9670 ULTRA 10900 INTRA 10750)103.50-99.00 |
115000 ULTRA 125.00 128.50)132.75-135.00 |
Options and Spread Recommendations:
Meats
| Contract | Month | Symbol | Notes | BUY | SELL Levels |
|
Live Cattle
|
April |
LEj20 |
|
ULTRA 106.00 Intra 105.20)103.50-100.50- 99.50
|
ULTRA 10915 Intra 111.50)114.50-117.50 |
|
Lean Hogs
|
April |
HEJ20
|
B |
5450-5250 -5790-5650 ULTRA 6607 INTRA 6550)-6350-6155 |
6770 ULTRA 6890 INTRA 6997) 7097-7475 |
|
Feeders |
May |
GFK20 |
|
108.50 ULTRA 12950 INTRA 128.25)127.50-125.25 |
125.70-127.50-129.50 -ULTRA 13270 INTRA 137.50)139.50-140.00 |
|
MILK |
May
|
DCK20 |
|
1530-1515-1505 ULTRA 1490 Intra 1435)1419-1380 |
ULTRA 1586 UTRA 1638)1678-17295 |
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.