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Strategies & Market Trends : Point and Figure Charting
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To: Judy who wrote (2075)3/29/1998 9:34:00 PM
From: Ms. X   of 34813
 
Bull Alert:
Reversal up to a column of X's from below the 30% level.

48
46 X
44 X O
42 1 O
40 X O ---------
38 X O
36 2
34 O
32 3 X
30 O X--------
28 O X
26 O X
24 O X
22 O
20 ----------

Bull Confirmed:
Exceeding a previous column of X's. Anywhere on chart.

48
46 X
44 X O
42 1 O
40 X O -------
38 X O
36 2 X
34 O 6 X
32 3 X O X
30 O X O X ------
28 O X O 8
26 O 5 O X
24 O X O
22 O X
20 -----

Bull Correction:
Reversal down into O's from Bull Confirmed.
Index must be below 70% level

48
46 X
44 X O
42 1 O
40 X O -------
38 X O
36 2 X
34 O 6 X O
32 3 X O X O
30 O X O X O------
28 O X O 8
26 O 5 O X
24 O X O
22 O X
20

Bear Alert:
Reversal into O's from above to below the 70% level.

76
74 X
72 X O
70 --X O-- -X ------
68 X O 5 O
66 X O X O
64 8 O X O
62 X O X O
60 --X -- X ----

Bear Confirmed:
Index exceedes a previous column of O's. Anywhere on chart.

76
74 X
72 X O
70 --X O-X ------
68 X O 5 O
66 X O X O
64 8 O X O
62 X O O
60 --X O---

Bear Correction:
A reversal up into X's from Bear Confirmed status when index is
above the 30% level.

76
74 X
72 X O
70 --X O-X ------
68 X O 5 O
66 X O X O X
64 8 O X O X
62 X O O X
60 --X O
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