test4

Monday, August 17, 2009

STI Pivot Points Calculations

This is perhaps the easiest method since it's purely by plugging numbers into the excel sheet.

From dailies, the pivot resistance for tomorrow is
Pivot 2629.78


R1 2649.37
S1 2611.92
R2 2667.23
S2 2592.33
R3 2686.82
S3 2574.47


My attempts and experiment: on using pivot resistances on the weekly and monthly charts as well:

Weekly
Pivot 2614.383


R1 2664.767
S1 2581.127
R2 2698.023
S2 2530.743
R3 2748.407
S3 2497.487


Monthly
Pivot 2518.033


R1 2800.617
S1 2376.617
R2 2942.033
S2 2094.033
R3 3224.617
S3 1952.617


Shall see and observe if pivot calculations can be used in all 3 different time frames.

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