A daily summary of high-profile members of several complexes.
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 $1,178.20 were recovered to open positive Tuesday, suggesting that sellers were losing momentum, but still needing to close above $1,194.00 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 beforeTuesday'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 underMonday'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..