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))
Another narrowly ranging session Wednesday reacted down on Wednesday afternoon’s FOMC policy statement, filling the gap back to Friday’s 1.0985 close. Closing any lower would resume the decline.

Gold Aug Contract (GC, ETF: (GLD))
Quickly recovering 1325.00 Wednesday is in-line with the recent pattern bottoming, but still needs to close above 1329.50 to confirm momentum reversing up.

Silver Sep Contract (SI, ETF: (SLV))
Surging through 19.75-19.85 to attack 20.20 now needs a second consecutive higher close Thursday to confirm the decline has been reversed to probe fresh highs.

30-year Treasury Sep Contract (US, ETF: (TLT))
Tuesday’s close above the 171-22 buy signal was still overlapping it, but Wednesday morning probed it to its highest levels attacking 173-00.

Crude Oil Sep Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
The reaction to Wednesday’s EIA report triggered fresh lows testing 41.70, now targeting 36.60 so long as 43.80 isn’t recovered.

Natural Gas Sep Contract (NG, ETF: (UNG, UNL))
Narrow ranging sideways Wednesday gradually slipped back down to the 2.65 lows, which is not greeting Thursday’s EIA report from a position of strength. But an initially favorable  knee-jerk reaction up can be maintained.