back start next[start] [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [ 24 ] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] 24 PACSE 70price and in time from the square of the high. You should then go to the daily charts to locate the shorter, cycle expirations and possible other resistance level. For instance, on the square of nine thirteen to 31 is 360 degrees, and the 180 day cycle didnt expire until a few weeks later. In addition, there was a significant low at 13 in December of 1974. So, when the 45 degree angle from the high crossed the price level of 13, the range of movement from 1974 through 1978 was squared out. This occurred in May, 1981 (Point A). That range from 13 to 45 3/4 was 32 3/4, and fifty percent of that range was 29 3/4. Therefore, in May of 1981, a major range equared out in time, while price was at fifty percent of that range. Just as with this exercise, you will find that a majority of the time, the further you analyze the situation, the more compelling the evidence will be, if a trade is justified. . " ««« « « * 1 1* ** 1*» 1 1} Q nO] « 1 e e mOIm Ot> nO OiO OmOi4 * OO ! <1 01 *iOOr*9t,.e4 I)«« oDOlenel. «v t>al O e4e4«vlA oD Oiel tQ O [start] [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [ 24 ] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90]