Daily Spot… Bonds and Gold join hands.

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 Sep Contract (EC, ETF: (FXE, UUP))
Wednesday’s plunge from its 1.1100 bounce limit had dropped deeply to fulfill the minimum outstanding requirement. Gaping up Thursday and ranging exclusively in positive territory suggests as much, although a retest of Wednesday’s low would be needed to begin forming a bottom.

Gold Dec Contract (GC, ETF: (GLD))
Wednesday’s FOMC reaction had become likely to extend to at least test 1150.00, which was  done Thursday down to 1146.00. Closing back above 115.00 would signal the decline had ended.

Silver Dec Contract (SI, ETF: (SLV))
Wednesday’s FOMC reaction that plunged back down to 15.85 support extended down Thursday. A second consecutive lower close Friday would confirm momentum had reversed down. Back above 15.85 would again target fresh highs.

30-year Treasury Dec Contract (US, ETF: (TLT))
Excessive optimism at Wednesday’s low was repeated at Thursday’s open, before plunging to the lowest levels in two weeks. A second consecutive lower close Friday would confirm a new downleg is underway.

Crude Oil Dec Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Fresh bounce highs Thursday probed above 46.00 but did not trend up, which could have produced a second consecutive higher close that signals a bigger corrective bounce underway. Back under 45.00 would likely resume the decline.

Natural Gas Dec Contract (NG, ETF: (UNG, UNL))
The decline’s hesitation even held through Thursday’s EIA report. Through the report, but not necessarily through the day. A late dive probed fresh intraday lows at 2.25 before closing flat with Wednesday’s low. Closing back above 2.31 would start to signal the decline had ended.