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))
Firming Sunday night extended higher through Monday morning to probe the decline’s 1.1790 bounce limit up to 1.1815. Any higher would next target 1.1840. But dipping into the afternoon returned to test 1.1790.

Gold Feb Contract (GC, ETF: (GLD))
Flat-to-higher Sunday night challenged 1251.20 resistance. Closing above 1255.50 would start to signal a bottom is forming. Otherwise, fresh lows would next target 1226.50.

Silver Mar Contract (SI, ETF: (SLV))
Sunday night’s firming wasn’t repeated intraday Monday, but neither was it rejected. Having fulfilled potential to 15.65, pullbacks must hold 15.75 to enable a bottom to form, which would be triggered back above 15.90 and 16.05.

30-year Treasury Dec Contract (US, ETF: (TLT))
Monday’s initial probe above the 153-10 buy signal was ongoing into the afternoon, and not winning, becoming more attracted back down to Friday’s close than to the next higher resistance at 154-08.

Crude Oil Jan Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Ranging flat-to-higher Sunday night above the 57.40 buy signal was not rejected intraday, and extended higher to probe 58.00. Closing back under 56.80 is still the nearest sell signal, while the nearest upside attraction would retest recent highs on the way to 61.05.

Natural Gas Jan Contract (NG, ETF: (UNG, UNL))
Gapping up from Thursday-Friday’s narrow overlapping intraday range didn’t extend higher, and can’t signal a recovery without first retesting the lower range from above.