Pivot Point (PP)
Definition of 'Pivot Point (PP)'
This is the center pivot that traders calculate for market trading. Above this are 4 resistance points and below are 4 support levels.
For more details see Pivot Points.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.