Approaching An Important Target

PAAS (Pan American Silver Corp-DLY)

(PAAS) has reached the top of its correction channel and should start to pull-back to create additional consolidation ahead of a resumption of its long-term uptrend. 

BNO (U.S. Brent Oil fund)

(BNO) is most likely making a short-term top which should be followed by a return to the dashed-line support.

SUMMARY

Warnings are increasing that SPX is near a price projection which should be followed by a retracement that could last several weeks. 

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