A daily summary of high-profile members of several complexes.
Gold Feb Contract (GC, ETF: (GLD))
gap down deeper back into range confirms that morning's recovery attempt did fail. Closing back above $1,288.00 would still be credible for launching a rally.
Eurodollar Dec Contract (EC, ETF: (FXE, UUP))
reaction down from 1.1930 probed under 1.1860 , but not yet decisively enough to be reliable for resuming the decline.
Silver Mar Contract (SI, ETF: (SLV))
retest of low not only completed the rejection of interim rally, but also stopped optimistically short of probing it which suggests that any near-term strength will fail.
30-year Treasury Dec Contract (US, ETF: (TLT))
night's probe back under 153-20 was recovered to at least probe and overlap 154-00. But closing above it decisively is still required to even suggest another rally effort is in-play.
Crude Oil Jan Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
reaction down from last week's attack on the 59.00 prior high was extended down to touch the original 57.40 buy signal. There should be little delay in launching another rally effort if the pullback is only temporary.
Natural Gas Jan Contract (NG, ETF: (UNG, UNL))
night's rally tested 3.10-3.12 resistance which needed to hold to maintain the 2.87 target. More than just hold, the resistance test needed to be rejected, which it was, by trending back down to a fresh low at 2.96.