Daily Spot… Euro bouncing from support, Crude Oil teasing.

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 Tuesday to probe above Friday”s ~1.0650 highs has room up to 1.0845-1.0855 so long as 1.0615 now holds as support.

Gold Jun Contract (GC, ETF: (GLD))
Gapping down sharply Tuesday was recovered enough to fill the gap back to Monday”s close, but that was retraced to close back under 1194.50 support. Or, at least, still testing its support. Early strength Wednesday would be credible for extending higher. There is otherwise potential down to 1181.50.

Silver May Contract (SI, ETF: (SLV))
Tuesday”s probe under 16.02-16.10 support was recovered through the close. Back above 16.45=16.60 would signal momentum reversing up.

30-year Treasury Jun Contract (US, ETF: (TLT))
Gapping up sharply to 163-29 Tuesday proved that Monday”s opening sellers were impatient and weak-handed. Extending higher proved that Friday”s 61.8% resistance required a retest. Extending intraday to 165-26 probed the last three surge peaks without closing above any of them.. But reacting back down to 1640-08 support stopped just short of proving that buyers were absorbed so the decline could resume. Back under 164-04 would now be the nearest sell signal.

Crude Oil May Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Fresh recovery highs attacked 53.75. Stopping pessimistically short of touching last week”s ~54.00 high is potentially bullish from a contrarian perspective.

Natural Gas May Contract (NG, ETF: (UNG, UNL))
Gapping up Tuesday didn”t extend more than a penny above Monday”s 2.54 high, ranging narrowly sideways around it through the afternoon without creating any new signals.