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 out of the weekend doesn’t qualify as rejecting Thursday’s collapse. Not until closing above the 1.1320 buy signal, which was attacked throughout Monday afternoon.

Gold Jun Contract (GC, ETF: (GLD))
Friday fulfilled the (absolute) minimum requirement for at least probing a fresh low intraday before a bottom could be credible. Sunday night’s bounce to 1282.00 was on its way to being retraced entirely through Monday’s gap up. But the 1293.50 buy signal is lowered to 1289.00.

Silver May Contract (SI, ETF: (SLV))
Once again probing the 15.00 buy signal overnight but not triggering it keeps alive the potential for a break higher, but not indefinitely.

30-year Treasury Jun Contract (US, ETF: (TLT))
Thursday’s bounce up to “higher prior lows” had gained no traction, so Sunday night’s dip was credible for resuming the decline still targeting 145-24.

Crude Oil Jun Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
[Rolling coverage forward to Jun, which trades at a 15-cent premium to May]… Geopolitical events triggered an overnight surge that fulfilled the 65.15 target to within 1 penny of 66.00, still being likely at least to attack its room for noise up to 67.15 so long as pullbacks now hold 64.35.

Natural Gas May Contract (NG, ETF: (UNG, UNL))
Fresh lows into the weekend — even Thursday’s fresh lows, into a 3-day holiday weekend — should probe a fresh low Monday. Regardless, no nearby buy signal is allowed until at least probing a fresh low intraday.