Sunday, June 9, 2013

price moves from pivot point to pivot point

NQ went from the yearly R3 pivot 2 weeks ago down to the yearly R2 pivot last Thursday and bounced.

S&P last week went from the weekly Pivot(P) down to the weekly S2 pivot/yearly R2 pivot and bounced. Also there was an daily S1 pivot at 1598. The INDU/DJI did the same Wpp-Ws2 -wpp also.