Daily Spot… L’Euro hot.

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))
Favorably resolving Friday”s consolidation of the morning”s plunge was likely to almost literally explode higher. Monday”s open did gap up to 1.1175, and the session extended sharply higher to attack 1.1300, more than fully retracing Friday”s plunge. At least an eventual higher close above 1.1320 remains outstanding.

Gold Jun Contract (GC, ETF: (GLD))
Bouncing overnight and into Monday”s open 1175.00 resistance. It was neither extended nor rejected intraday, keeping alive the decline”s minimum 1158.50 target.

Silver Jul Contract (SI, ETF: (SLV))
Very shallow strength early Monday was retraced to a fresh low as the session was spent ranging narrowly sideways under the decline”s 16.15-16.35 target.

30-year Treasury Jun Contract (US, ETF: (TLT))
Having retested the decline”s 148-25 target Friday, without closing lower, the pattern remains conflicted by the downtrend being satisfied, but no accumulation yet indicated.

Crude Oil Jul Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Friday”s late surge back above the 58.75 sell signal was rejected by Monday”s gap down back to 58.75. But the balance of the morning only ranged narrowly around 58.75 before extending down under 58.00 to reinstate the signal”s momentum.

Natural Gas Jul Contract (NG, ETF: (UNG, UNL))
Gapping up Monday to the 2.67 buy signal left no unfinished business below because Friday”s narrow ranging had not created any new low which might otherwise require being retested. Closing above 2.67 would still need a second consecutive higher close to confirm a rally leg has launched, and all prior to closing back under 2.64.