How do you calculate the pivot points? My platform and pivotpointcalculator.com give other numbers than yours.
It is the standard formula most traders use, I run it right at 3 PM central when cash stocks close: the pivot is hi+lo+close/3 S1 is 2*pivot - Hi R1 is 2*pivot - Lo Happy to share the rest if needed.
Weekly levels below. Daily levels, longer term gold outlook and automated trading system of the week now available on our weekly newsletter #1164
Es broke major support levels today at 4325. Will be interesting to see follow through or lack off tomorrow. Levels for Sept. 27th:
The below is provided by QT Market Center, A Swiss army knife charting package that's not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs. FREE TRIAL AVAILABLE The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results. Levels for tomorrow, Sept. 28th 2023