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))
Firming overnight gapped up Monday and extended through the inverted Head & Shoulders 1.1320 neckline, attacking the 1.1345 resistance whose recoveries on a closing basis would confirm the trend has reversed up.

Gold Jun Contract (GC, ETF: (GLD))
Already testing the 1301.50 buy signal before Monday’s open, which gapped up and extended to attack 1308.00 before dipping back down to 1301.50 as support. No “unfinished business” would be left outstanding below if an upleg were to begin.

Silver May Contract (SI, ETF: (SLV))
Testing and retesting the 15.15 buy signal for a couple of days finally broke higher into Monday’s open, probing it by a dime and posturing to close above it where a new upleg would be launched.

30-year Treasury Jun Contract (US, ETF: (TLT))
Friday’s dip held a test of the 147-08 sell signal but only bounced up to 148-02 resistance. Monday held resistance, so closing back above it would now signal an upleg underway.

Crude Oil May Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
The weekend was entered and exited rallying to fresh highs attacking 64.45. This leg’s 65.00 and 67.00 targets of the bottom’s massive inverted Head & Shoulders reversal pattern remains intact so long as pullbacks now hold 62.90 as support.

Natural Gas May Contract (NG, ETF: (UNG, UNL))
Already rallying Sunday night tested 2.71 resistance Monday morning, which closing above would be bullish, but preferably after reacting down from it temporarily to 2.65.