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))
With no unfinished business above as of Thursday’s close, Brexit’s reaction wasn’t defended as price plummeted to a fresh low at 1.0974. it was recovered to probe above 1.1200 intraday, but any immediate recovery would not be credible.

Gold Aug Contract (GC, ETF: (GLD))
The 1274.00 buy signal was very productive after Thursday’s close, triggering a retest of the prior week’s highs up to 1362.80 as the pattern had required. Retesting the overnight high requires pullbacks to hold 1308.60-1312.00 as support .

Silver Jul Contract (SI, ETF: (SLV))
Spiking up to 18.37 in reaction to Brexit was retraced back down to 17.58, and the high’s retest depends on pullbacks now holding 17.75 as support.

30-year Treasury Sep Contract (US, ETF: (TLT))
Finally probing the 165-16/165-30 pullback objective overnight allowed a steep reaction to Brexit. The 171-22 target was probed by more than 2 points, but only 171-09 was touched post-open. Resting the overnight high requires pullbacks to hold tests of 169-28.

Crude Oil Aug Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Trending down sharply overnight broke under the 48.25 sell signal to 46.70 had reacted up to 48.40, leaving the sell signal break intact and targeting 45.00-45.40.

Natural Gas Aug Contract (NG, ETF: (UNG, UNL))
Thursday’s shallow dip in reaction to EIA wasn’t retested Friday after Brexit. But it was attacked without reacting up, so an eventual higher close can’t yet be dismissed before a deeper pullback