Right!
We checked to see if we could add another X, which was the case - in fact we could add two. Because we added the X's we ignored the low of the day. The action took the chart to 66.

Click here to continue charting the 1 point box exercise.
The Next Days Data.

69 --------------------------- 68 67 * 66 X * X 65 ---X---X-O-*-----------X-- 64 X O X O * X X X 63 X O X O X O X O X O X 62 X O X O X O X O X O X 61 X O X O X O X O X O 60 X-4-X-5---O-----X-9------- 59 O X * 6 X X * 58 O * O X O 8 * 57 * O X O X * 56 * O 7 X * 55 *-------------O-*----------- 54 *

Back to exercise beginning