SPY Pivot Points for October 31
I try to stick to SSO and SDS during the day (what I hold overnight is a different story 
).
Pivot point calculator helps a lot, I just look for the levels it gives me. Here are the support and resistance levels for tomorrow.
SPY is short-term overbought, major support is near $90-91.
Kat,
The juxtaposition of Mars’ orbit through & under under Saturns loop, mixed with a fine tobacco, smoked in a fine leather armchair to recycle the aroma, we go higher next week.
smoke rings
Mr Romulus
Romulus,
careful with the ashes, it’s a fire hazard.
“recycle the aroma” *snort*
I was long all day, bought some to hold over the weekend (LVS and ABK). Still have long EEV and short FSLR but I made peace with them.
Stay tuned for my monthly P&L recap. Many more trades this month, and the true Win Rate is emerging.
What method of pivot calculating do you use exactly?
R.,
R1 = (H+L+C) * 2 – low
R2 = (H+L+C) + (R1 – S1)
S1 = (H+L+C) * 2 – high
S2 = (H+L+C) – (R1 – S1)
H+L+C = high+low+close
I’ll post Excel file in a minute.
Thank you for translating “H/L/C” to me.
I meant that we have 3 methods of P calculating:
1)P=(H+L+C)/3
2)P=(H+L+O)/3
3)P=(H+L+C+O)/4.
So, why did you prefer that method?
Well it’s the only method I knew, and it works, so I use it. Better than throwing a dart 🙂
Will compare the numbers using your formula.