I am starting to place further importance on the S1 and R1 pivots. They seem to be good reversal points for price lately and I will start keeping data on them from now on.
Here is a little setup which I found interesting in hindsight. I had personally exited way too earlier. It combines a S1 pivot with Torero's core of understanding higher lows or lower highs.
Price tested the critical 00 level smack at the S1 pivot. Then it went to to make a second test failing to test the 00 level and instead made a higher low. Price then took off towards the weekly pivot, broke it and used it as support. Then it went on to rally for 50 pts (S1 to
VAL) towards the value low pivot. Pretty impressive.