I need someone to clarify and confirm these numbers. I'm not completely sure they are correct. Just something I was told a long time ago. The ES/SPX has reached R3 already today with standard intraday hours only pivots. Now... According to what I remember the odds of the market not holding onto the R3 level into close are 77% if it's reached around midday. If the R2 level is reached around midday the odds of not holding that level into close are 67.5%. Is anyone willing to share a book or some research that confirms the exact numbers? This is one of those little odds tricks that most traders would try to keep secret... If you don't want to share it's ok. It's not something to trade off of. It's just good to know for helping calculate the odds of trade setups.