Daily Spot… Energies hit the gas pedal.

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))
Having retraced Friday”s plunge entirely Monday, Tuesday was more free to back-and-fill before extending higher. The morning”s dip was recovered to attack 1.1300 as had Monday”s session.

Gold Jun Contract (GC, ETF: (GLD))
Despite having held the test of 1175.00 resistance Monday, higher highs overnight tested 1183.50 resistance. Tuesday”s intraday action slid back to 1175.00 support.

Silver Jul Contract (SI, ETF: (SLV))
Tuesday”s session remained under pressure despite Gold”s strength. Bouncing back into the decline”s 16.15-16.35 target area is still possible.

30-year Treasury Jun Contract (US, ETF: (TLT))
Fresh lows Tuesday attacked 148-10 support to within 1 tick before bouncing back to the decline”s original 149-08 target.

Crude Oil Jul Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Despite gapping down Monday back under the 58.75 sell signal, thereby rejecting Friday”s late surge that had recovered it, higher highs overnight extended Tuesday above Friday”s late high to test 60.30 resistance. This is not at all in-line with reinstating the sell signal. Closing above 60.80 would start to signal a bigger rally underway.

Natural Gas Jul Contract (NG, ETF: (UNG, UNL))
Triggering the 2.67 buy signal Monday didn”t delay extending to the 2.83 target Tuesday morning. The second consecutive higher close confirmed the breakout, so that an eventual third higher close is now in-play.