After recording the top at 94.48 the pair started the downside correction breaching 38.2% then 50% correction and facing 61.8% which is the critical obstacle over short term basis. 

If we had a crystal ball and could see into the future, we would not need to prepare ahead for end of life decisions. 

James was 62 years old when a stroke made it impossible for him to communicate with his family. Neither his wife nor children knew anything about his financial or medical information. James had always taken care of things himself and left no written directives in his behalf. Besides having to locate important documents, the family was left to make their own decisions about James long term care. 

Don’t get too over zealous with last week’s run in the market.  The larger trend remains bearish and the recent near-term push up is at or very near exhaustion.  Like many bear-market bounces, the recent movement has been sharp, aided by glimmers of hopes that will soon fade.  Currently, the major indexes sit at their respective upper channel lines with the next move positioned for a move down.  This week we may see one more push to the upside against those key areas of resistance (1125 on the SPX) and then the downtrend will resume.

Silver extended beyond the recorded peak last May around 19.80, and by assessing the metal over weekly basis, we can see last week’s closing was exactly at this level –shown on the secondary chart below-.

Crude continues trading below support for the previously breached bullish channel, although the MA 50 maintains its stance as a support barrier that impedes achieving more bearish movement.