Pivot Point Calculation

The traditional method

Use 5pm EST

Pivot = (High + Low + Close) / 3

R1 = 2 * Pivot — Low

R2 = Pivot + (High — Low)

Midpoint between R1 and R2 = R1 + (R2 — R1) / 2

Midpoint between Pivot Point and R1 = Pivot + (R1 — Pivot) / 2

where "Pivot" - Pivot point

R1 - first resistance

R2 - second resistance

The alternative pivot

Pivot point = (Highyesterday + Lowyesterday + Opentoday)/3

All support an resistance calculations remain the same.These alternative pivot points use todays open in place of yesterdays close to account for opening gaps and extended afterhours trading.

Online Calculator

http://www.mypivots.com/calculators/pivot-point-calculator.aspx