DislikedHi,
I got some charts periodically, seems very accurate, but I can't figure how they draw those pivot and targets, if anyone know please let me know.
Thanks.Ignored
Calculation:
P = (yesterday's high + yesterday's low + yesterday's close)/3
R2 = P + (yesterday's high-yesterday's low)
R1 = 2 * P-yesterday's low
S1 = 2 * P-yesterday's high
S2 = P - (yesterday's high-yesterday's low)
R2 and R1 two resistances
S1 and S2 two supports,
p pivot point.