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))
Sunday night’s open gapped down in reaction to the weekend’s Catelonian Independence vote. Extending down attacked last week’s low, itself an attack on 1.1760 whose likely break would extend the decline.

Gold Dec Contract (GC, ETF: (GLD))
Lower lows overnight retested last week’s 1280.50 low deeper than was required, this time maintaining the test into Monday. Holding 1276.00 through the close, and then closing above 1286.00 would help to form a bottom.

Silver Dec Contract (SI, ETF: (SLV))
Finally testing 16.60 Sunday night was already too late, making the decline likely to extend to test 16.50, too.

30-year Treasury Dec Contract (US, ETF: (TLT))
Flat-to-lower ranging Sunday night and Monday was only noise, as last week’s confirmed breakout requires an eventual third lower close. That lower close would be more likely absorbed by originating from a close back above 153-14.

Crude Oil Nov Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Collapsing overnight greeted Monday’s session already testing “lower prior highs” at 50.75. Probing deeper intraday now allows a close back above 50.75 to target a retest of the high’s 52.50 gap up.

Natural Gas Nov Contract (NG, ETF: (UNG, UNL))
Trending down Sunday night greeted Monday’s open already testing the longstanding 2.93 attraction below. Trending down deeper through the morning now leaves “unfinished business above” from the gap back up to Friday’s 3.01 close.