Daily Spot… Silver’s bottom dollar, Crude can’t capitulate.

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))
Monday”s close under 1.0855 extended down overnight to 1.0760 support, still targeting 1.0650.

Gold Jun Contract (GC, ETF: (GLD))
Fresh lows overnight down to 1178.20 were recovered to open positive Tuesday, suggesting that sellers were losing momentum, but still needing to close above 1194.00 to signal the trend was reversing up to retest recent highs.

Silver May Contract (SI, ETF: (SLV))
The 16.45-16.60 pullback target was fully tested overnight, and fully retraced before Tuesday”s open. The target range”s upper-end was pierced intraday, but closing back above 16.90 would signal the rally is resuming.

30-year Treasury Jun Contract (US, ETF: (TLT))
Gapping up Tuesday to attack 164-00 reacted down into negative territory under Monday”s lows, holding a test of 163-08 support and bouncing up above the open”s high to test 164-04 resistance. Further delaying fresh lows could bounce first to 164-30/165-08.

Crude Oil May Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
.Monday”s last-minute blip-up that had attracted 48.75 resistance was rejected by probing fresh lows overnight down to 47.25. Its reaction up attacked 48.75, whose recovery can still launch at least a retest of recent highs at 51.45-52.50.

Natural Gas May Contract (NG, ETF: (UNG, UNL))
Tuesday”s narrow ranging duplicated Monday”s price action, and still delayed the eventual third lower close that is in-play..