Daily Spot… Crude Oil meets its target.

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 holiday trading was almost imperceptibly flat-to-higher, still neither confirming the decline’s momentum remains intact, nor rejecting it.

Gold Dec Contract (GC, ETF: (GLD))
Very narrow ranging Wednesday maintained the attraction below to 1182.00 and eventually 1174.50.

Silver Dec Contract (SI, ETF: (SLV))
Firming overnight was retraced and rejected to probe fresh lows Wednesday. A weak open Thursday that were to recover firmly into positive territory at this stage of the pattern would be credible for extending higher intraday.

30-year Treasury Dec Contract (US, ETF: (TLT))
Flat-to-lower ranging kept alive the decline’s momentum targeting fresh lows, ahead of what is likely to be headline-rich session — Thursday is littered with Fed speakers, and includes the monthly 30-year auction.

Crude Oil Dec Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
The outstanding 43.00 target was met Wednesday and ranged around. Probing it next down to 41.00 is possible so long as bounces were to hold any test of 43.45.

Natural Gas Nov Contract (NG, ETF: (UNG, UNL))
Dipping back under 2.31 overnight still tried recovering into Wednesday’s close, but failed, as the balance of the session drifted lower. The setup remains intact for a same-session recovery of both 2.31 and 2.37 to launch a new rally leg.