Daily Spot… Taking care of loose ends.

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))
Tuesday”s excessive portion of its bounce above the 1.0920 bounce limit was rejected by gapping back down to it Wednesday, although the session essentially only ranged sideways around it. The low”s test of 1.0855 remains likely to be retested.

Gold Aug Contract (GC, ETF: (GLD))
Obligatory support at 1100.00 gave way Tuesday night and gapped down to test 1090.00 where the balance of the session ranged choppily sideways, presumably still targeting a retest of Sunday night”s 1080.00 flash crash low down to 1076.50.

Silver Sep Contract (SI, ETF: (SLV))
Gapping down and extending down Wednesday could probe fresh lows, but still not be likely to start a new downleg, while awaiting a better bottom in Gold.

30-year Treasury Sep Contract (US, ETF: (TLT))
Tuesday”s recovery from gapping down to test 151-00 and recovering back above last week”s 152-10 highs improved overnight to gap up Wednesday and extend higher to 153-15, within almost a half-point of filling the outstanding gap back up to 154-00.

Crude Oil Sep Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Narrow ranging around 50.00 broke lower to test fresh lows down to 49.25, presumably still targeting 48.25.

Natural Gas Aug Contract (NG, ETF: (UNG, UNL))
Initially firming Wednesday pierced the 2.88 resistance that had retrained much of Tuesday”s session.But the balance of the session only ranged choppily to either side of 2.88 without yet extending higher or reversing down.