It is always possible to add, or subtract, #360°# to an angle to obtain an equivalent one. The symbol #-=# in the following passages is not a real#=#, but only an equivalent symbol.
#-960° -= -960°+360°-=-600°-=-240°-= 120°#
And #120^@# is #60^@# from the horizontal, so the reference angle for #120^@# and for the original #960^@# is #60^@#