Wednesday, October 3, 2012

Yearly pivot points rock!

The above chart shows how yearly pivot points stopped the rallies and caught the crashes over the past 15 years.The all time high in 20007 was at YR2. The low in 2008 was on YS2. The low in 2009 was on YS1. In 2010 the low was on the yearly Camarilla L3. In 2011 the hi was YR1 and the low was YS1. Every major high or low was STOPPED at a year pivot point.  The 15 yr. $INDU and $SPX index charts look the same as this $OEX chart.

YR1=Yearly R1
YR2=yearly R2
YS1=yearly S1