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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.79+0.6%4:00 PM EST

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From: expiredoptions2/6/2013 10:39:00 AM
   of 221369
 
Looking at today's Pivot Points on the Spy, the 10th candle closed very near the Pivot Point (brown line).
Generally (but not always) it means the spy may go below (S1) and above (R1) the PP, but ultimately close
near the PP at the end of the day. Lets see if I actually get one of the right today (ha..ha).
If not, I am calling my friend in Iowa and saying, "what gives with these Pivots lately?"

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