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))
Already reacting down overnight, Tuesday’s open again retested the 1.1765 sell signal, which continues to behave more as a magnet than as an inflection point.

Gold Dec Contract (GC, ETF: (GLD))
Overnight weakness tested the 1288.00 sell signal before bouncing. The bounce stopped short of recovering 1295.00, which makes another dip likelier to extend down.

Silver Sep Contract (SI, ETF: (SLV))
Tuesday morning dipped deeper to test the 16.90 sell signal. Reacting up sharply held the 17.05 pullback limit as resistance, all but signaling the trend is reversing down.

30-year Treasury Sep Contract (US, ETF: (TLT))
Monday’s inside-day was followed by another Tuesday morning, even while surging stocks seemingly offset the catalyst for last week’s flight-to-safety rally.

Crude Oil Oct Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Monday night’s bounce back up to 47.95 resistance was largely retraced into Tuesday’s open. But Tuesday morning’s bounce retested 47.95. Resistance held through the close, but can still resolve down Wednesday as EIA is being greeted from a position of weakness.

Natural Gas Sep Contract (NG, ETF: (UNG, UNL))
Surging before Tuesday’s open wasn’t extended above its 3.00 open, and reversed through the morning to 2.93, preventing a decisive close above 2.95 that would have closed the door to a deeper pullback targeting 2.81.