Check out this simple calculation for *pivot points*. Remember the new day pivot points are calculated from previous day High (H), low (L) and close (C).

Look at this example below…

Pivot point = P = (H + L + C)/3

Resistance 3 = High + 2*(Pivot – Low)

Resistance 2 = Pivot + (R1 – S1)

Resistance 1 = 2 * Pivot – Low

**Pivot Point** = (High + Close + Low)/3

Support 1 = 2 * Pivot – High

Support 2 = Pivot – (R1 – S1)

Support 3 = Low – 2*(High – Pivot)

P = Pivot Point

R1 = 1st Resistance Level

R2 = 2nd Resistance Level

R3 = 3rd Resistance Level

S1 = 1st Support Level

S2 = 2nd Support Level

S3 = 3rd Support Level

H = Previous Days High

L = Previous Days Low

C = Previous Days Close

Go to the home page to use our free pivot point calculator.