Daily Spot… Shake on it!

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 Sep Contract (EC, ETF: (FXE, UUP))
Sunday night”s reaction to the Greece deal tried holding 1.1120 support but eventually slid through it Monday, testing 1.1000 support, and still targeting 1.0935.

Gold Aug Contract (GC, ETF: (GLD))
Last week”s bounces had held the 1163.00 buy signal. Monday”s slide tested 1150.00 to within $3 of prior lows before bouncing back to 1158.50 resistance. Closing back above 1158.50 does suggest the dips are weak-handed, making any probe above 1163.00 that much likelier to extend higher intraday.

Silver Sep Contract (SI, ETF: (SLV))
Friday”s weak-handed attempt to extend above 15.35-15.45 resistance was retraced Monday back toward 15.25, but still recovered back up to 15.45. That action may have neutralized Friday”s premature rally effort, so that early strength Tuesday would be credible for extending higher intraday.

30-year Treasury Sep Contract (US, ETF: (TLT))
Gapping up Sunday night was reversed to fresh lows before Monday”s open as a Greece deal was reached. Firming intraday tried to avoid another lower close, which would allow a lower buy signal than 150-24.

Crude Oil Aug Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Overnight weakness managed to hold within the recent range to avoid extending the decline. But recovering 54.30 is still needed to prevent the narrow range from becoming a continuation pattern.

Natural Gas Aug Contract (NG, ETF: (UNG, UNL))
Gapping up Monday to test 2.83 resistance and probing it temporarily to 2.88 was no more bullish than Friday”s rally that closed at 2.77 resistance. Closing above either is needed to signal trending, especially if confirmed by a second consecutive higher close the following day.