Daily Spot… Setups across the board.

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))
Already having confirmed Thursday’s breakout close that requires at least one eventual higher close, Monday was free to back-and-fill. There wasn’t much backing-and-filling, but the rally did pause.

Gold Dec Contract (GC, ETF: (GLD))
Neutralizing the attraction below Friday at 1098.40 was still testing the prior low close, so the decline’s momentum isn’t yet signaled it has ended. Closing above 1111.00 would be a good first step, but it was only attacked Monday as resistance.

Silver Dec Contract (SI, ETF: (SLV))
Monday’s narrow ranging held the 14.35 attraction below that had been neutralized finally Thursday. But a couple of closes above 14.65 is still needed to launch a rally leg.

30-year Treasury Dec Contract (US, ETF: (TLT))
Gapping up again Monday held 155-12 resistance and ranged around Friday’s high, inhibited from extending higher with unfinished business outstanding below at last Wednesday’s 153-12 gap down. In fact, late-morning weakness extended down through the afternoon into negative territory.

Crude Oil Oct Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Monday’s weakness attacking Wednesday night’s 43.35 low is the opposite price action needed to help ensure a retest of the highs above 50.00 is underway.

Natural Gas Oct Contract (NG, ETF: (UNG, UNL))
Has the ongoing narrow (but not narrowing) range finally broken out? Downtrending resistance at 2.72 was broken by Monday’s early firming that extended higher to 2.77 resistance. A second consecutive higher close Tuesday would confirm.