Australian (ASX) Stock Market Forum

Pivot points on FTSE 100

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18 May 2008
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Hi Guys,
I do use pivot points when trading, but im coming up with different numbers on each chart i look at. Could anyone tell me the 50% yearly level for the FTSE100 for 2009 ?
 
Hi Guys,
I do use pivot points when trading, but im coming up with different numbers on each chart i look at. Could anyone tell me the 50% yearly level for the FTSE100 for 2009 ?

Aren't you supposed to come up with different numbers on different time frames? As there are different highs, lows, closes etc.
 
Thanks Sam,
I have ben trying to do the high low close over the last 3 years but each platform i look at is giving me different numbers.
 
Thanks Sam,
I have ben trying to do the high low close over the last 3 years but each platform i look at is giving me different numbers.

This is what I got from my quick go at it, hope this helps.

Formula
R4 14902.07
midpoint 13255.38
R3 11608.68
midpoint 9961.99
R2 8315.29
midpoint 7449.19
R1 6583.09
midpoint 5802.50
PP 5021.90
midpoint 4155.80
S1 3289.70
midpoint 2509.11
S2 1728.51
midpoint 81.82
S3 -1564.88
midpoint -3211.58
S4 -4858.27
 
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