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The Pivot Point Calculation for the new day is calculated from the High (H), low (L)

and close (C) of the previous day.


* Setup for printing as "Landscape"
Pivot point is calculated with this formula: P = (H + L + C)/3
To calculate the 1st area of resistance use this formula: R1 = 2P - L
To calculate the 1st area of support use this formula: S1 = 2P - H
To calculate the 2nd area of resistance use this formula: R2 = (P -S1) + R1
To calculate the 2nd area of support use this formula: S2 = P - (R2 - S1)

To calculate enter the following information in the yellow boxes, the green, blue and red boxes will calculate automatically:
* Do not use Dollar Signs and only use numbers up to 5 decimal places
Previous Day High: 7.85000
Previous Day Low: 6.22000 (prices to left are for example only)
Previous Day Close: 6.51000

The Below Numbers will Automatically Calculate:

2nd Rsistance "R2": 8.49000


1st Resistance "R1": 7.50000
The Pivot Point is: 6.86000
1st Support "S1": 5.87000
2nd Support "S2": 4.24000
2009 Richard L Stephens Jr DBA SimplifiedTrading.com