Re: [RT] Classic Pivot Point calculations of S4, S5, etc.

["Dom Perrino" <domenick@xxxxxxxxxxxx>]

1)P-(R2-S2)=S3
2)(P-S2)+R2=R3  .substitute 3 for 2, 4 for 3 
etc.
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Ed 
  Larson 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Wednesday, May 15, 2002 12:11 
  PM
  Subject: [RT] Classic Pivot Point 
  calculations of S4, S5, etc.
  
  RT's:
   
  Can anyone remember how to calculate S4, S5, R4, R5 in the 
  classic pivot point support/resistance calculations?
   
  I have Resistance level 3 calculated as (Pivot Point - 
  Support 1) + Resistance 2, and Support 3 calculated as Pivot Point - 
  (Resistance 2 - Support 1).
   
  Thanks for any help.
   
  Ed
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