The Western Texas Intermediate With Gold

This is essentially oil divided by gold. We're using a different monetary component and you can see this left shoulder, this big macro head over here and we have a right shoulder structure. This is where we get a rally. That's why there was a good temporary target of point, but the big threat is not gone until you run this right shoulder. So that's typically where stop losses would be placed. And just to give you a quick view on that, this is very similar to what happened the time before.