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))
Just recovering 1.1400 would start to signal momentum reversing up, but Friday probed Thursday’s low down to 1.1355, presumably intent upon filling the gap back to the 1.1350 3-week old low close — which would not merit adjusting the buy signal.

Gold Feb Contract (GC, ETF: (GLD))
Gapping up Friday to the 1317.00 buy signal hovered there throughout the day, still overlapping the signal without clearly triggering or rejecting it.

Silver Mar Contract (SI, ETF: (SLV))
Gapping up above the 15.80 buy signal Friday reacted back down to nearly fill the gap back to Thursday’s close, and the afternoon evolved between 15.75-15.80.

30-year Treasury Mar Contract (US, ETF: (TLT))
Already trending higher overnight gapped up Friday and extended higher through the morning to essentially fulfill the 147-00 objective. Upside momentum remains intact so long as pullbacks now hold 146-14 as support.

Crude Oil Mar Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
The 52.40 sell signal that had been probed momentarily Thursday continued holding Friday, as did the 52.00 sell signal whose break would not require extending through the close to be relevant.

Natural Gas Mar Contract (NG, ETF: (UNG, UNL))
Thursday’s fresh lows didn’t extend lower Friday, and without fresh lows into the weekend there is potential for attracting buyers going into the new week.