Pivots on NQ's

Discussion in 'Index Futures' started by mike582, May 27, 2004.

  1. mike582

    mike582

    I'd like to compute pivot points for the NQ's. However, since the mini futures contracts only close for 15 minutes each day (4:15pm - 4:30pm I think) Does anyone know how to determine "Yesterdays High, Low and Close for the NQ's?

    I assume the pivot supports and resistance formulas are the same for the NQ's as they are for a stock. Please correct me if I am wrong.

    Thanks
     
  2. Lucrum

    Lucrum

    Actually they are numerous ways of calculating pivot levels, who knows which one is "correct".

    Some people use the 09:30 - 4:00 H/L others use the H/L of "all sessions".

    From what I've read I'd suggest the latter for the futures.
     
  3. Ebo

    Ebo

    NQ Pivots are no different than ES pivots.
    It is an industry standard to use RTH "Regular trading hours".
    9:30 AM ET - 4:15PM to calculate Pivot levels.
    If you need the formulas please do a search on here. This topic has been beaten to death with a stick numerous times.
    These are todays!

    R1=1461

    PIVOT=1451

    S1=1446
     
  4. pspr

    pspr