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))
Sunday night’s high had filled the gap back to the prior Wednesday’s 1.1400 close, neutralizing its attraction. No second consecutive higher close Tuesday leaves the pattern without a near-term objective.

Gold Aug Contract (GC, ETF: (GLD))
Despite holding a retest of the 1281.00 pullback limit again Monday, trending down overnight gapped down Tuesday. Gapping back up Wednesday and extending through 1288.00 would be credible for extending back up to the “unfinished business above” at 1308.60.

Silver Jul Contract (SI, ETF: (SLV))
Gapping down Tuesday to the current range’s low probed slightly lower intraday, still likely to retest last week’s 17.80 gap up before a durable downleg could begin.

30-year Treasury Sep Contract (US, ETF: (TLT))
Monday’s gap down had not extended lower intraday, but it wasn’t rejected by gapping up Tuesday. Gapping up Wednesday above 169-00 would still be credible for resuming the rally to fresh highs targeting 171-22.

Crude Oil Jul Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Gapping down Tuesday from 50.00 stopped short of even touching the 48.25 sell signal, before recovering. Now back under 48.75 would be likely to extend down sharply intraday.

Natural Gas Jul Contract (NG, ETF: (UNG, UNL))
Fulfilling the 2.75 target Monday didn’t react down deeper than the 2.71 pullback limit. Tuesday probed higher highs up to 2.7, which isn’t high enough to raise the pullback limit. But now the pullback limit also functions as a reversal signal targeting 2.51 or lower.8