.061 .0595 * .0580 +3/8 x * .0565 xo * .0549 +2/8 xo * .0533 xo * .0519 +1/8 xo * .0504 xo * .0488 8/8 xo * .0473 xo * .0457 7/8 xo * .0442 xo * .0427 6/8 xo * .0411 x0 * .0396 5/8 xox x x * .0381 xoxoxo x * .0366 4/8 xoxoxo x * .0351 xo o o ~x * .0335 3/8 x * o x x * .032 x o xox * .0305 2/8 o xox .029 o ~xox .0274 1/8 ox xox .026 oxoxox .0244 0/8 oxoxox .023 oxoxo .0214 o o .0199 .0184 .0169 .0153 .0123
hope you can understand this chart-hard to show it good enough you'll notice the high is .058--the gann's 45 degree angle was started there monday if we break up thru .0442 it will be a bullish move[that will be thru gann's 45 degree angle-but that same spot may turn us back-since is also close to murrey's .0488 which is a strong boundary--and gann's 45 degree angle is a strong resistance--if we get on the other side of it it will be strong support] monday to change this point and figure chart-we have to at least go as high as .0411 to continue in the "x" row [x is the bulls] if we don't go that high or higher then we have to go lower than .0351 to start a line of "o's" downward--if that doesn't happen the chart stays the same-the bulls are still in charge-- go across .0335's line the first star you see is where that falling o triggered a sell signals--and it did surely fall now go to the .029 line and you'll see a [~] that rising x triggered a buy and it did go up--interesting isn't it now go to the .0351 line that [~] also shows where that x triggered a buy-yes it did go higher--if monday we hit .0411 it will trigger another buy--a strong buy because it will be breaking a triple top of .0396-check it's line to see what i mean if you printed off this chart and knew some basis of point and figure you would find it very interesting---to change it's direction the price has to move at the least 3 price ranges--if it is in the x's already and can go higher even by one box/price than add that x and ignore it's low
i added some murrey resistance points too-i'm sure by now you have printed off what each resistance means 0/8 etc
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