|
PureBytes Links
Trading Reference Links
|
RTs
I believe someone was asking about the Daily Pivot point and how to
calculate S1,S2 the pivot, R1, R2
Go to this web page there is some interesting stuff besides information
on the above.
http://news.bridge.com/NEWS/gfitips.html
I find it useful. It is interesting that the SPX cash will work off
these levels. for instance today it held at S1, the Futures bounced
off of its S1, When Spx couldn't rally back to the Pivot the decline
was on.
In another market, the September Silver. Its top resistance for 7/21
was 5.575. Guess what the high of the day is?? 5.575.. Why bother
going farther???
For tomorrow..
Hi, SPX OEX BONDS SP8M
Pivot Pivot Pivot Pivot
High 1187.37 580.18 123.25 1196.50
Low 1163.05 568.14 122.50 1170.50
Close 1165.07 568.86 123.13 1172.50
R2 1196.15 584.43 123.71 1205.83
R1 1180.61 576.65 123.42 1189.17
Pivot 1171.83 572.39 122.96 1179.83
S1 1156.29 564.61 122.67 1163.17
S2 1147.51 560.35 122.21 1153.83
Then of course you might ask yourself if there are any fibo retracement
areas that correspond to the above places.... or trendlines... or what
ever....
Don Thompson
|