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Every clot on the planet can calculate these, but from now on I will post them here anyway (in the interests of completeness, and all that)...
These are the so-called "floor pivots" (also called "pit pivots"), which a re a group of numbers that traders use to try and figure out who's in charge.
| Dow | S&P500 | Nasdaq | Bonds | |
| R2 | 10437 | 1174.7 | 1539 | 114 5/32 |
| R1 | 10368 | 1167.7 | 1527.5 | 113 29/32 |
| Pivot | 10244 | 1154.9 | 1511 | 113 21/32 |
| S1 | 10175 | 1147.9 | 1499.5 | 113 13/32 |
| S2 | 10051 | 1135.1 | 1483 | 113 5/32 |
Above the pivot, it's usually worth seeing if prices can break through R1 before initiating long positions; if R1 is broken without any massive push (i.e., without TICK rising to greater than 1000), it's usually reasonably safe to take the "up through" trade - check to go long with R2 as the objective. If you're a brave sort, and the market looks overbought at R2, let slip a short with a tight stop.
Below the pivot, let S1 break before initiating shorts - so long as things aren't in "dumpola mode" at the time (i.e., if S1 is broken from above before TICK hits negative 1000). S2 is then the objective (and if you're a daredevil, trade long looking for a bounce off S2 if everything looks horribly oversold).
