Not exact matches
The researchers combined these
values with a two - dimensional simulation
of the fish's jaws, which fossils indicate could
pivot at several
points.
Simply key in the High, Low, and Close
values of the previous session and you will get the
Pivot Point values.
Resistance held a couple
of tests, and regardless
of all else the open gap near 840 level (arrow 1) and then daily
pivot point value (arrow 2) were high - odds price magnets to be hit sometime by / before the closing bell rings.
The first one is price action touching its daily
pivot point value somewhere inside
of the cash session period.
Over the course
of time, stock index markets touch their daily
pivot point values roughly 70 %
of the time.
To make changes to the starting time
of your
pivot point calculations, simply change the
value of «StartHour» or «StartMinute» from 0 to a whole number (positive or negative).
The other six price levels — three support levels and three resistance levels — all use the
value of the
pivot point as part
of their calculations.