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 Mar Contract (EC, ETF: (FXE, UUP))
Monday’s recovery from Sunday night’s fresh pullback lows had bought a little time to delay resuming Wednesday’s surge. But Monday night’s lower lows didn’t help, and gapping down to 1.1475 support failed to recover positive territory before extending down sharply intraday to test 1.1440. Now a buy signal can be triggered by closing back above 1.1500.

Gold Feb Contract (GC, ETF: (GLD))
Greeting Tuesday’s session in the ongoing multi-session narrow range tried breaking higher Tuesday morning attacking 1295.00, only to snap back down to the range’s 1286.50 lower-end, still above te 1283.00 sell signal.

Silver Mar Contract (SI, ETF: (SLV))
The narrow multi-session range rejected Tuesday’s gap down by blipping-up to 15.75, only to return to the open’s gap down at 15.58 and maintain the ongoing range.

30-year Treasury Mar Contract (US, ETF: (TLT))
Overnight strength stopped short of touching the 146-04 buy signal before dipping into negative territory Tuesday morning and testing the range’s 145-08 support.

Crude Oil Feb Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
The pullback from last week’s 53.30 high made no new low as Tuesday bounced back to at least 53.15, still within the range and without signaling a new leg.

Natural Gas Feb Contract (NG, ETF: (UNG, UNL))
Probing higher overnight to 3.72 was retraced Tuesday morning to 3.45, when a second consecutive higher close had been needed to confirm momentum had reversed up durably.