Daily Spot… Euro reaches a decision point.

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))
The rally extended to its target, nearly touching 1.1000. Back under 1.0950 would start to signal the bounce”s momentum was reversing down. Closing above 1.1020 would signal the bounce was not only a bounce, but potentially the start of a much larger rally.

Gold Jun Contract (GC, ETF: (GLD))
Aided by news of direct US-Iran conflict, a pullback to 1194.50 was avoided by surging higher to test 1213.00. Back under 1208.50 would signal the pullback underway.

Silver May Contract (SI, ETF: (SLV))
Early strength Tuesday surged to the upper-end of the 16.45-16.60 resistance band whose lower-end had held Monday. Now a pullback could be limited to testing the lower-end of the band, but any lower would still target 16.10.

30-year Treasury Jun Contract (US, ETF: (TLT))
No overnight improvement above the 61.8% resistance that was tested intraday found Tuesday”s open dipping back down to 162-00 support, and through it at least 4 points to trigger its sell signal, which attacked 161-08 intraday.

Crude Oil Jun Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Narrow ranging between 56.60-57.70 (which I under-reported here by $1 each yesterday) persisted through Tuesday. And this was in spite of news of a direct confrontation between US and Iran. Breakout potential above 57.70 is getting less likely.

Natural Gas Jun Contract (NG, ETF: (UNG, UNL))
Firming above 2.51 doesn”t offset the preference for retesting the 2.48 opening gap before trying to launch a durable recovery leg.