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))
Tuesday’s probe under 1.1225 reacted back up Wednesday to retest 1.1265 resistance, which had held already Sunday and Monday. A new downleg has yet to be confirmed.

Gold Dec Contract (GC, ETF: (GLD))
Probes lower after Tuesday’s close and overnight didn’t extend down, but buyers weren’t attracted Wednesday as the 1329.00-1332.00 bounce limit continued to hold.

Silver Dec Contract (SI, ETF: (SLV))
Wednesday’s gap up tested the recent range’s 18.15 upper-end and spent the entire session in positive territory. But the range’s upper-end held as resistance, which is “ineffectual optimism” that should resolve down almost immediately if a bigger bounce will be avoided.

30-year Treasury Dec Contract (US, ETF: (TLT))
Gapping up slightly Wednesday and extending up to 166-12 held a test of the 165-30 bounce limit. Now holding a retest of Tuesday’s 164-22 low — especially if recovered to close positive territory — would form a bottom.

Crude Oil Oct Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Gapping down to fresh lows Wednesday found support at the recovery’s original 44.20 bounce limit. Reacting up into positive territory in reaction to the morning’s EIA report was rejected by a return to lower lows testing 43.45, confirming a retest of the 43.00-43.25 prior lows remains in-play.

Natural Gas Oct Contract (NG, ETF: (UNG, UNL))
Probing above prior highs overnight to 2.98 before reversing down intraday into negative territory at 2.85. Now closing back above 2.94 would confirm the 3.04 objective remains in-play..