Posts tagged ‘support’

Pivot Points for 7-27-09

By , 27 July, 2009, No Comment
ESU9
For 07/27/2009

Symbol R1 R2 Pivot S1 S2
ESU9 983.67 989.58 973.08 967.17 956.58

Pivot Point for ES contract: July 23, 2009

By , 23 July, 2009, No Comment

Stocks run into resistance (supply) because those traders that bought too late and saw the price go down now want to get out at break even so they sell. Stocks find support (demand) because those traders that missed the move up now have a second chance to get in so they buy.

Pivot Points for ES emini for July 22, 2009

By , 22 July, 2009, 1 Comment
ESU9
For 07/22/2009

Symbol R1 R2 Pivot S1 S2
ESU9 960.00 966.50 949.75 943.25 933.00

Pivots Points for July 21, 2009

By , 21 July, 2009, No Comment

Here, “S” represents the support levels, “R” the resistance levels and “P” the pivot point. High, low and close are represented by the “H”, “L” and “C” respectively. Note that the high, low and close in 24-hour markets(like the forex market)are often calculated using New York closing time (4pm EST) on a 24-hour cycle. Limited markets (like the NYSE and Nasdaz ) simply use the high, low and close from the day’s standard trading hours.

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