A daily summary of high-profile members of several complexes.
Gold Dec Contract (GC, ETF: (GLD)) Overnight weakness was recovered by Monday's open, but the recovery wasn't extended, as the session at least avoided probing under Friday's low so the upside momentum remained intact.
Silver Dec Contract (SI, ETF: (SLV)) Monday's narrow inside day hovered above the gap back to Thursday's 16.15 close, which Friday's post-open dip had avoided filling. It is natural support, and although its test isn't required, testing it is required to recover aggressively if the upside remains intact.
30-year Treasury Dec Contract (US, ETF: (TLT)) Sunday night's probe above 142-03 resistance was retraced before Monday's open, but Monday's opening dip was recovered back up to Sunday night's highs. The pattern remains accumulative.
Crude Oil Jan Contract (CL, ETF: (USO)) Momentary firming Sunday night and intraday Monday never really threatened to recover Friday's post-open dip. But neither was the decline's momentum reinstated as 75.40 support still held.
Natural Gas Dec Contract (NG, ETF: (UNG, UNL)) Despite holding the 4.25 pullback limit Friday, Sunday night's decline tested 4.00 . Post-open action had recovered already back above 4.02 and extended higher to4.17 resistance. That's the minimum to suggest the drop can still be only a correction. Closing any lower -- if not also failing to extend the recovery Tuesday -- would next target 3.70 .