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57 1 K/Of/9 W/K/f 8/ /11 ES/lf/Ot B/K/S m/n/9 / /» n/n/z ¹/lf/Zt 1 1 ra/H/01 «/e«/9 K/K/» »«/«s/z n/K/zi 901ro/l«/OI i8/lfi/B E9/K/9 SB/Ct/» 101 se/ / :le/if/zi Ju/«s/ot B/IC/8 B/K/« nasB/K/» : t8/9k/« 
difficult. By qualifying the move, I am referring to being able to judge the extent and momentum of the move resulting from any particular, daily turning point. A certain amount of this qualifying of a turning point can be done as price moves into that date, by asking yourself questions such as, "If price does turn down here, what will the chart show- a double top- or similar situations?" Try to visualize the importance of a move. But if you are using the weekly charts to develop turning points, as with the week of April 28th, which was the full square the range from the January high to the September low, you would know that any daily turning point during that week could be quite significant. There is another way to qualify the week of the 28th. If you recall, we showed that a perfect triangle can develop in the chart pattern from the angles, and when that situation occurs that it lends credence to the resulting turning point on the daily charts. You will notice that we have the same situation here- only on a weekly chart. The high on the week of January 10th was exactly (and this must be EXACTLY) on the 45 degree angle up from the low, the week of 9/27/85. So, when the 45 degree angle coming down from that January high squares the range with the September low, it has greater implications because a triangle is formed. Again, looking at the monthly chart, we see that September squares June, 1984 low, and is, also, 12 months from the September, 1986 low. October is 156 months, or 13 years from top, and 144 months, or 12 years, from a low. We know to watch Citicorp closely during that 60 day period. If price is at 52 and showing support, it would be indication to buy. There is a 2X1 angle dfrawn down from the March high, as well as, one drawn down from the May high. Once the 2X1 down from the May high is broken by prioe moving through it, you can feel confident that the down move is over. Now use the IBM daily charts (Illustrations 9.0 & 9.1). You will see a fast move going into December, where a 90 calendar day count expires on the 24th, and a 180 calendar day count on the 18th. If those counts showed up on the same day, you would look for top or bottom on that exact day. But, since there was a fast move for 90 days, you would look for a selling opportunity between the 90th and 99th calendar days from where tne drive started. Knowing if top is found, there will be a secondary rally of one to three days yielding a lower top, or three days to a higher high with a loss of momentum on this move up. This is a safer place, in which, to enter a short position-. Notice, that from the bottom in September, the first movement finds support on a 1x2 angle on October 28th, and then accelerates on a 1X1 or 45 degree angle from that low. That 1X1 angle is broken on December 2nd, but the low of the day in which price broke that angle holds, and on the third day, price turns up and recovers the angle. Then price accelerates again, finding support on a 2X1
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