The phrase “pivot points” in relation to Forex trading is often misunderstood. Many traders believe it refers only to the daily pivot point, calculated as an average of: the high, the low and the ...
The following are the pivot points for the S&P Select Materials SPDR (XLB). Pivot High: $98.12, Pivot Low: $97.38. These were calculated using the DeMark method. It is generally believed to be bullish ...