Pivot Points


Legendary member
PP = (High + Low + Close) / 3 ( high, low and close for previous day)
1st Res = 2*PP - Low
2nd Res = PP + (High - Low)
3rd Res = 2*PP + (High - 2*Low)
1st Sup = 2*PP - High
2nd Sup = PP - (High - Low)
3rd Sup = 2*PP - (2*High - Low)

Copied from AIQ BB, Michael Pahk
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