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 Jun Contract (EC, ETF: (FXE, UUP))
Overnight weakness touched the week’s “lower prior highs” down to 1.0805-1.0810, which is natural support capable of launching another upleg to 1.0900.

Gold Apr Contract (GC, ETF: (GLD))
A slightly deeper pullback overnight still stopped at least $3 short of the likely 1239.50 pullback limit before firming Friday. Regardless of the pullback, the upside attraction to at least one more higher close remains in-play.

Silver May Contract (SI, ETF: (SLV))
Friday extended to fresh relative highs testing 17.80, extending the break above 17.50 up toward its 17.90 target.

30-year Treasury Jun Contract (US, ETF: (TLT))
Attacking the 150-04 pullback limit reacted back up to Thursday’s 151-00 area high, keeping alive the potential for extending to 152-00.

Crude Oil May Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Thursday’s restrained optimism was appropriate for a bottoming pattern, but there’s no bullish reason for to further delay rallying if a bottom is valid.

Natural Gas Apr Contract (NG, ETF: (UNG, UNL))
Thursday’s reaction up from touching the 2.99 sell signal Thursday extended Friday to test what had been the 3.08 pullback limit. There is no bearish reason to delay an actual break lower if a top is forming.