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 Sep Contract (EC, ETF: (FXE, UUP))
Rallying sharply overnight on better polling for Brexit’s “remain” vote filled the gap outstanding from 1.1400. Closing higher Tuesday would signal a bigger rally underway, and not just a temporary corrective bounce.

Gold Aug Contract (GC, ETF: (GLD))
Brexit’s “remain” vote makes Gold less attractive, so tumbling overnight was a likely reaction. But the retest of Thursday’s low and the 1286.50 pullback limit held, and closing above 1295.00 would signal the high’s retest underway targeting 1308.50 and po9ssibly 1312.00.

Silver Jul Contract (SI, ETF: (SLV))
Not much Brexit exposure, so not much volatility Monday. A retest of 16.40 and 16.80 remains likely.

30-year Treasury Sep Contract (US, ETF: (TLT))
Rallying stocks had no need for a flight-to-safety, triggering a gap down under the 169-00 pullback limit being tested at Friday’s close. Any early strength Tuesday back above 169-00 would be credible for resuming the rally to its 171-22 target.

Crude Oil Jul Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Testing the 48.00 bounce limit at Friday’s close was extra vulnerable to the weekend’s Brexit news. Gapping up and testing 49.00 Monday should be rejected back under 48.00 without delay to maintain near-term potential to test 45.00-45.40.

Natural Gas Jul Contract (NG, ETF: (UNG, UNL))
Last week’s shallow consolidation broke higher Monday morning and extended to test the 2.75 upper-end of long-standing target. Having been met quickly from the multi-session narrow consolidation, no second consecutive higher close Tuesday would make 2.47 and lower likely to be tested.