Pivot Point (PP) = (High + Low + Close) / 3
Resistance 1 (R1) = (2 x Pivot Point) - Low
Support 1 (S1) = (2 x Pivot Point) - High
Resistance 2 (R2) = Pivot Point + (Resistance 1 - Support 1)
Support 2 (S2) = Pivot Point - (Resistance 1 - Support 1)
Or if you have charting software it will do it by itself
-----Original Message-----
From: Disqus [mailto:notifications-HX2JOD1VDZ@disqus.net]
Sent: Friday, September 26, 2008 3:51 PM
To: david.m.halsey@gmail.com
Subject: [dhalsey] Re: Crazy Days!!
Tim <asdf@yahoo.com> (unregistered) wrote:
How do you calculate the daily pivot?
Link: http://www.eminiaddict.com/2008/09/crazy-days.html#comment-2649319
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