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))
Flat-to-lower ranging Wednesday extended the decline, regardless of Tuesday already having fulfilled its minimum third required lower close.

Gold Dec Contract (GC, ETF: (GLD))
Still holding the 1209.50 bounce limit intraday, Wednesday reversed down to at least overlap the 1203.30 sell signal, if not actually probing under and triggering it.

Silver Dec Contract (SI, ETF: (SLV))
Tuesday’s 14.65 pullback limit had held but was still being tested Wednesday, maintaining the upside momentum or at least not letting sellers regain traction.

30-year Treasury Dec Contract (US, ETF: (TLT))
Friday’s bounce was rejected by gapping back down into Tuesday’s range under 140-00. The balance of the session trended down sharply to attack 138-00, and no immediate bounce would be free from the requirement to retest Wednesday’s low.

Crude Oil Nov Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Extending higher Wednesday confirms the 78.10 target is in-play. Pullbacks must now hold 75.45 as support, and under 73.90 would reverse the trend down.

Natural Gas Nov Contract (NG, ETF: (UNG, UNL))
Extending higher Wednesday without delay confirms Tuesday’s breakout. Its 3.28 high now has room for a pulback down to 3.11 while still maintaining the upside momentum.