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 Dec Contract (EC, ETF: (FXE, UUP))
Still firming into Friday’s open after filling one gap above at 1.1855 with potential to fill another at 1.1900. But closing first back under 1.1830 would signal the decline has resumed.

Gold Dec Contract (GC, ETF: (GLD))
Slightly firmer overnight was still short of the 1298.50 buy signal that really should have triggered already Thursday to avoid retesting Wednesday night’s 1280.50 low.

Silver Dec Contract (SI, ETF: (SLV))
Probing slightly lower into Friday’s open kept alive the 16.60 attraction, which the balance of the session reversed down to attack within a nickel. Meanwhile, not yet fulfilling 16.60 has made 16.50 likely to be tested, too.

30-year Treasury Dec Contract (US, ETF: (TLT))
Shallow overnight weakness held Thursday’s confirmation lows ahead of Friday’s open. Although Wednesday’s break requires at least one more eventual lower close, producing it after closing above 153-14 would be from a position of strength likely to recover quickly.

Crude Oil Nov Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Narrow ranging under the 51.55 sell signal held Thursday’s low, still not triggering it and suggesting that Thursday’s gap up would be retested before a credible downleg could begin.

Natural Gas Nov Contract (NG, ETF: (UNG, UNL))
Filling the gap Thursday back down to Tuesday’s close had robbed the reversal of its momentum. But only ranging narrowly Friday did not replace that with upside momentum, leaving intact the 2.93 target below.