No registration required! (Why?)

Are the Daily/Weekly Pivots Correct this Week?

The center pivot for the pivot points calculations is based off the average of the High, Low, and Close. In the E-mini S&P500, the week's High and Low were made on Friday and the close for the week will also be Friday's close.

For that reason, the weekly and daily pivots for Monday will be the same. It's not an error.

Here is a chart that shows Friday's market making the high and low of the week.

Click image for original size
5 days on ES chart to 06/06/2008 showing weekly High/Low made on Friday.
Emini Day Trading / Daily Notes / Forecast / Economic Events / Trading Indicators / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Features / Mortgage Calculator / User Pages / Donate

Copyright © 2004-2017, MyPivots. All rights reserved.