Indices Find Support and Resistance Zones using Pivot Points

How to Find Support and Resistance using Pivot Points Explained

Traders wanting to trade using indices support and resistance levels can use indices Pivot Points indicator which is used by indices technical traders to calculate Resistance Levels as well as Support Levels for indices price.

Indices Pivot points will calculate 3 Support Levels below the current stock indices price & 3 Resistance Levels above the current indices price.

Traders can use indices Pivot Points indicator to find where these Support and Resistance Levels are - and then use these Support and Resistance Levels to open their stock indices trades or close their stock indices trades depending on the stock indices signals generated by their trading system.

The pivot points indicator is made up of a central pivot-point which is surrounded by 3 resistance areas above & 3 support areas below

Resistance Level 3

Resistance Level 2

Resistance Level 1

Pivot Point

Support Level 1

Support Level 2

Support Level 3

Indices Find Support & Resistance using Pivot Points - Indices Find Support and Resistance Zones using Pivot Points - How to Find Support & Resistance using Pivot Points Explained

Support Levels using Pivot Points

Support Zones in Pivot Points are used to generate buy signals

Buy indices signal - when stock indices trading price moves downwards towards one of the pivot point support level, then price touches the indicator support area or moves slightly through the indicator support area then quickly reverses & starts to move upwards.

Resistance Levels using Pivot Points

Resistance Zones in Pivot Points are used to generate sell signals

Sell indices signal - when stock indices trading price moves upward towards one of the pivot point resistance area, then touches indicator resistance area or moves slightly through the indicator resistance area then quickly reverses & starts to move downwards.

Support Levels in Pivot Points are used to generate buy signals - Resistance Levels in Pivot Points are used to generate sell signals

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