The Bottom Chart:

- form a rectangle from the October 2007 high and March 2009 low.
- From the bottom left corner of the rectangle--October 11 2007 project 30, and 45 degree angles.
- Draw horizontal lines from the intersection point of these angles and the vertical line representing Mar 9 2009.
- The 30 degree intersection--when extended forward in time intersects the July 1, 2010 low of 1010.
- The 45 degree intersection when projected forward is slightly above current levels--between 1250 and 1260. This level may provide resistance to any further ascent in prices. If a horizontal line is projected back in time--to the left--the horizontal intersects the March 21 2008 low @ 1256.98

The Top Chart

- Extend 30 and 45 degree vectors from the top and bottom horizontals of the rectangle representing the October 2007 high and March 2009 low.
- Note where the 30 vector from the October high (Green) intersects the 30 degree vector from the March 2009 low. (Orange) You can use either top of the rectangle or bottom corners of the rectangle since they necessarily intersect in the same place.
- This intersection of vectors takes place at the April 2010 high.
- If the 45 degree vectors are extended from the same corners interesting pivots are indicated.

- The 30 degree vectors (Green) from the October 2007 high intersect the 45 degree vectors (Blue) emanating from the March 2009 low. This occurs in this current time period.
- The 30 vectors from the March low--both corners of the rectangle (Orange)--intersect in the current period as well--coincident with the 30-45 intersection mentioned in point 1.
- Note also where the 45 degree from the March low interests the 30 degree from the march low. At the July 2010 low!!!!

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