Daily Spot…

A daily summary of high-profile members of several complexes… View a more detailed discussion of each chart at the end of today’s Market Wrap.

Eurodollar Mar Contract (EC, ETF: (FXE, UUP))
Having entrenched the uptrend Thursday with a confirmed breakout, Friday dipped back into Wednesday’s range, stopping optimistically short of filling the gap back to its close. Regardless, at least an eventual higher close is now required.

Gold Feb Contract (GC, ETF: (GLD))
Spiking up on payrolls to 1164.00 reacted down sharply into negative territory, its 1145.50 low stopping optimistically short of filling the gap back to Wednesday’s close before recovering back into the range.

Silver Mar Contract (SI, ETF: (SLV))
Spiking up on Friday’s payrolls was retraced as quickly to resume return to the 14.86 pullback limit that had held already Thursday, consolidating under it through the afternoon.

30-year Treasury Mar Contract (US, ETF: (TLT))
Spiking up to 163-22 on Friday’s payrolls remained encompassed by the prior surge, so it was only noise. But dropping to attack the 161-27 sell signal did react back up to attack the morning’s high.

Crude Oil Mar Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Higher highs overnight had evaporated before Friday’s open, replaced intraday by the relatively narrow directionless ranging as was expected.

Natural Gas Mar Contract (NG, ETF: (UNG, UNL))
Firming after Thursday’s reaction to fresh lows, a bottoming pattern has almost fully formed, but 2.02 must hold tests as support.