Daily Spot… Being scared into buying bonds.

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))
Monday night’s probe above 1.1265 was repeated intraday Tuesday and ultimately probed into late-afternoon, which undermines resuming the decline unless rejected aggressively without delay.

Gold Dec Contract (GC, ETF: (GLD))
Lower lows overnight were repeated intraday, keeping in-play potential down to 1117.00, which would be confirmed under 1125.00.

Silver Dec Contract (SI, ETF: (SLV))
Narrow ranging Tuesday held above 14.50 to avoid putting into play fresh lows under 14.20, and still allowing a close above 14.65 to signal the pullback had ended.

30-year Treasury Dec Contract (US, ETF: (TLT))
Fresh highs overnight at 158-00 were reversed in time for Tuesday’s open to gap down, but that didn’t prevent retesting overnight highs intraday. The rally remains more vulnerable to extending than to collapsing during a flight-to-quality, and until closing back under 156-16.

Crude Oil Nov Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Trading firmer Tuesday didn’t recover the 46.00 bounce limit that keeps 42.80 in-play below.

Natural Gas Nov Contract (NG, ETF: (UNG, UNL))
Retracing back into the range Monday after gapping up above it left “unfinished business above” at its opening print. That didn’t prevent probing the range’s 2.63 lower-end intraday, down to last Thursday’s EIA knee-jerk reaction down to 2.59. Closing back above 2.63 would signal the range’s lower-end was still holding, and potentially launching a rally leg.