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Tuesday, January 1, 2013

New Monhy, Yearly Pivot Points

Monthly

Yearly
1425.54 Pivot Point (P) = (High Low Close)/3
1392.58 Pivot Point (P) = (High Low Close)/3
1403.08 Support 1 (S1) = (P x 2) - High
1310.66 Support 1 (S1) = (P x 2) - High
1379.97 Support 2 (S2) = P - (High - Low)
1195.13 Support 2 (S2) = P - (High - Low)
1448.65 Resistance 1 (R1) = (P x 2) - Low
1508.11 Resistance 1 (R1) = (P x 2) - Low
1471.11 Resistance 2 (R2) = P (High - Low)
1590.03 Resistance 2 (R2) = P (High - Low)

Here are the new pivot points calculated with Stockcharts.com's standard pivot point formula: one the left are the monthly pivots for January, on the right he yearly pivots for 2013. I will look at these on the charts on Friday.

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