The March '12 NQ (ndx) futures contract found support this week on the monthly Camarilla L3 Pivot. Quants are now using the Camarilla pivots, Demarks pivots and the ever popular Classic Pivots. Pivot calcs are easy to program computers to buy and sell since all a pivot point is, is a math calculation based on the previous candle's Hi/Lo/Close. The low this week on the ESh2(S&P) was also on monthly L3.
