Pivot Points (classic)

用通俗的话解释

Floor traders needed levels before the market opened. Yesterday's range gives a central "pivot" and levels above (resistance R1–R3) and below (support S1–S3) where today's price often reacts.

计算方法

Uses the previous day for intraday charts, the previous month for daily charts and the previous year for weekly and monthly charts.

P = (high + low + close) ÷ 3
R1 = 2P − low,  S1 = 2P − high
R2 = P + (high − low),  S2 = P − (high − low)
R3 = high + 2 × (P − low),  S3 = low − 2 × (high − P)

如何使用

• Price above P: bullish bias for the day; below: bearish.
• R1/S1 are common targets and turning points; R2/S2 for bigger days.

得出结论

• Levels are more meaningful when they line up with other support or resistance.

注意事项

• Widely watched levels can be briefly overshot as stops are triggered.

一点历史

Used by floor traders on exchange trading floors long before electronic trading.