Daily Spot… Seems a little quiet.

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))
Gapping down Tuesday was within Friday’s range, and not under all prior lows, making it unlikely to trend down. The balance of the session ranged has ranged narrowly flat-to-higher, albeit not recovering the gap down from Monday’s close.

Gold Dec Contract (GC, ETF: (GLD))
Tuesday was the second consecutive narrow ranging session at recent lows, which doesn’t reject the trend, but does open the door to a corrective bounce before extending down to 1074.50.

Silver Dec Contract (SI, ETF: (SLV))
Gapping down Tuesday tried trending down intraday, but only spent the session ranging in negative territory.

30-year Treasury Dec Contract (US, ETF: (TLT))
Firming into Tuesday afternoon attacked 152-30, which can resume the decline to probe fresh lows, or else have potential for extending to 153-21 first.

Crude Oil Dec Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Tuesday’s bounce peaked before attacking the decline’s 44.95 bounce limit, keeping alive the decline’s momentum next targeting 43.00.

Natural Gas Nov Contract (NG, ETF: (UNG, UNL))
Gapping up slightly to probe above 2.31 still needed to close above 2.37 to launch a rally. Initial strength at Wednesday’s open would be credible for extending higher intraday.