Daily Spot… Euro trying to hold support.

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))
Sunday night”s probe under the 1.0585 support didn”t recover before Monday”s open. Its bounce filled the gap back to Friday”s 1.0611 close, neutralizing the attraction above. Nothing inhibits extending down, but another bounce has room to 1.0650 before signaling momentum may be reversing up.

Gold Jun Contract (GC, ETF: (GLD))
Friday”s recovery of 1205.00 and test of 1208.50 was retraced Monday to test 1196.00. Not resuming the rally Tuesday would undermine whether the pullback had bottomed, or was even only a pullback.

Silver May Contract (SI, ETF: (SLV))
Perhaps this isn”t quite the albatross around Gold”s neck, but it didn”t even rally Sunday night while Gold was making an effort. Closing above 16.60 would signal the trend reversing up, but any shallower bounces would remain vulnerable to extending down.

30-year Treasury Jun Contract (US, ETF: (TLT))
It was premature for Monday to already probe lower after Friday”s 61.8% retracement of the Wednesday-Thursday drop .So, already probing lower to 162-28 Monday morning was soon recovered to range narrowly around unchanged. Back above 163-26 would undermine the decline”s momentum.

Crude Oil May Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Sunday night”s rally to 53.10 allowed room to absorb a dip Monday that fluctuated narrowly around unchanged. The 51.45 support held, so extending higher immediately remains possible.

Natural Gas May Contract (NG, ETF: (UNG, UNL))
Last week”s confirmed breakout requires no lower close, but that didn”t stop Sunday night and Monday from probing lower. The session containing a new low can”t trigger a buy signal, but closing higher Tuesday could start to form another bounce.