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 Jun Contract (EC, ETF: (FXE, UUP))
Bouncing back to resistance overnight didn’t prevent the reaction to Thursday’s ECB statements from plunging through the 1.1745 sell signal to fresh lows attacking 1.1590, probing into the 3-week old low’s session and targeting the gap back to that session’s 1.1550 close.

Gold Aug Contract (GC, ETF: (GLD))
Wednesday’s tests of the 1296.50 sell signal had recovered to the range’s 1307.00 upper-end, which was probed overnight up to 1313.00, but held intraday Thursday.

Silver Jul Contract (SI, ETF: (SLV))
Already extending higher after Wednesday’s close in reaction to the FOMC events, higher highs were probed overnight to gap up Thursday morning. Two-month old gaps up to 17.20-17.30 were tested, with no requirement to extend any higher before a pullback to 16.80.

30-year Treasury Sep Contract (US, ETF: (TLT))
The FOMC reaction’s dip to 142-02 Wednesday was recovered overnight and probed the 143-16 buy signal intraday Thursday.

Crude Oil Jul Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Still firming overnight to attack the upper-end of 66.25-67.25 resistance, Thursday morning’s shallow reaction down held the range’s lower-end to keep alive its buy signal.

Natural Gas Jul Contract (NG, ETF: (UNG, UNL))
Thursday’s EIA report was greeted from a position of strength, which wasn’t exploited intraday as the session only ranged narrowly around 2.95.