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))
Thursday’s gap up and extension above the 1.0900 buy signal was extended higher Friday, to within just several pips of its 1.1050 objective.

Gold Apr Contract (GC, ETF: (GLD))
The lower-end of the 1274.00-1288.00 noise range above the 1265.00 target was tested Friday, opening the door to a reversal setup forming.

Silver May Contract (SI, ETF: (SLV))
Friday’s surge finally neutralized the longstanding attraction above at the 15.70 gap up above what was all prior highs at the time, and also filled an interim gap close. It’s also a breakout to fresh relative highs, but a second consecutive higher close to confirm is unlikely on Mondays. Back under 15.55 would signal the surge had failed.

30-year Treasury Jun Contract (US, ETF: (TLT))
Reacting down twice Friday — both before and after the Employment Situation report — tested fresh lows around 161-24 support that had defined the week’s earlier low. The drop’s origin after closing above 164-14 suggests the dip is only temporary. Closing back above 162-20 would signal the trend reversing up.

Crude Oil Apr Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
The daily probe of slightly higher highs was accelerated Friday by a surge to attack 36.00 which allows raising the sell signal to 33.95.

Natural Gas Apr Contract (NG, ETF: (UNG, UNL))
Fresh lows overnight and Friday followed Thursday’s poor EIA reaction for having greeted the news from a position of weakness. Recovering the lows through the close didn’t alter what is still an ongonig series  of lower lows and lower highs, whose buy signal is triggered above 1.70.