Floor Pivot Calculations Pivot Point (PP) = (H+L+C)/3 First resistance (Rl) = 2*PP –L First Support (Sl) = 2*PP - H Second Resistance (R2) = PP + (Rl-S 1) Second Support (S2) = PP - (Rl-S 1) Third Resistance (R3) = R1 + (H - L) Third Support (S3) = S 1 - (H - L) Where, H=High, L = Low, C = Close Opening Range Pivot Calculations Pivot Point (PP) = (H+L+C)M First Resistance (Rl) = 2*PP -L First Support (Sl) = 2*PP - H Second Resistance (R2) = PP + (Rl-S1) Second Support (S2) = PP - (Rl-S1) Third Resistance (R3) = R1 + (H - L) Third Support (S3) = S 1 - (H - L) FibZone Pivots Pivot Point (PP) = (H+L+C)/3 Daily Range (DR) = (H-L) First Resistance (Rl) = PP + 0.5*DR Second Resistance (R2) = PP + DR First Support (Sl) = PP - 0.5*DR Second Resistance (S2) = PP - DR Resistance Band (RB 1) = PP + 0.61 8*DR Support Band (SB 1) = PP - 0.6 18*DR Resistance Band (RB2) = PP + 1.382*DR Support Band (SB2) = PP - 1.382*DR
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