I have been pouring over the longer-term charts as we've started to see oil and gold move in directions that would indicate increased fear throughout the global markets while a contraction in economic activity/oil prices appears to be setting up for another big move. The objective is to attempt to identify longer-term volatility expectations and price targets. To accomplish this task, we use our Adaptive Fibonacci predictive modeling utility on 3-week charts because they provide a unique look at price activity and are a bit more reactive to shorter-term price activity than monthly price bars.