Thursday, February 18, 2010

Pivot Points on DIA and SPY

Standard and Poor's Depository Receipts: Pivot points

The following are the pivot points for SPY. Pivot High: $110.335, Pivot Low: $109.665. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low

Diamonds Fund ETF: Pivot points
The following are the pivot points for DIA. Pivot High: $103.655, Pivot Low: $103.165. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.

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