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))
An inverted Head & Shoulders had formed fully by Thursday’s close, but Friday did not resolve the pattern — which can either trigger above 1.1322 or break lower to 1.1228 before launching a rally.

Gold Jun Contract (GC, ETF: (GLD))
Already probing back above Thursday’s close in the afternoon, Friday’s open was still probing its resistance but not extending.

Silver May Contract (SI, ETF: (SLV))
The 15.15 buy signal was being tested after Thursday’s close but still holding as resistance overnight, which persisted intraday.

30-year Treasury Jun Contract (US, ETF: (TLT))
Friday’s Employment Situation report was greeted from a position of weakness for still testing the 147-17 pullback limit. The initially negative knee-jerk reaction only blipped-down to test the 147-08 sell signal down to 147-01 before snapping back up above Thursday’s high. The original 148-02 buy bounce limit is being tested into the weekend.

Crude Oil May Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Probing an additional dime under the 62.00 pullback limit overnight was recovered Friday to probe prior highs above 63.00. The sell signal can be raised Monday.

Natural Gas May Contract (NG, ETF: (UNG, UNL))
Already printing a fresh low overnight, Thursday’s dip to fresh lows wasn’t rejected to the point of forming a buy signal. .