Daily Spot… Crude Oil crushed.

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 Mar Contract (EC, ETF: (FXE, UUP))
Gapping up slightly Wednesday was unable to recover above . keeping alive Tuesday”s reversal which extended down to 1.0770.

Gold Jun Contract (GC, ETF: (GLD))
Tuesday”s dip into the 1208.50-1213.00 pullback limit wasn”t recovered Wednesday, and instead extended down to attack 1200.50 and 1197.00. Back above 1208.50-1213.00 would now signal the rally had resumed, but there is otherwise no active signal.

Silver May Contract (SI, ETF: (SLV))
Tuesday”s test of its 16.80-16.90 pullback target extended to its previous pullback limit of 16.45. Closing down there without having first triggered a buy signal does make it easier again to launch a rally leg, but closing above 16.90.

30-year Treasury Jun Contract (US, ETF: (TLT))
A slightly higher high at Wednesday”s open up to 165- was retraced sharply back down to 163-21, almost low enough and for almost long enough to extend down by proxy. But a recovery in reaction to the FOMC Minutes retested 164-28. That”s still resistance, and holding ti through the close does keep alive potential for launching the next downleg.

Crude Oil May Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Higher inventories pushed price down Wednesday under 50.50 from Tuesday piercing of 54.00 pushed. Recovering back above 51.45 without delay Thursday is the minimum to reistate the bullish scenario.

Natural Gas May Contract (NG, ETF: (UNG, UNL))
Dipping again Wednesday at least avoided gaining downside traction. But not closing above 2.72 prevents greeting Thursday”s EIA report from a position of strength. Support hasn”t broken, so a knee-jerk reaction down would be.likely to recover.