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Old 04-08-2007, 06:37 PM
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Re: Next week's pivots.........?
On mypivots.com they're using the official YM high, low and settle prices - nothing to do with the pit. Strictly speaking those are the "official" pivot levels but it means the YM pivot levels are out of line with the underlying index (the DJIA) because the NYSE was closed on Friday. For the weekly pivot I would definitely include Friday because there was trading following the important employment numbers. I doubt the daily pivots or MP levels will provide much support or resistance.

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