Pivot Points Demark

Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are based on the relationship between the close and the open.

 If Close < Open, then X = High + (2 x Low) + Close

If Close > Open, then X = (2 x High) + Low + Close

If Close = Open, then X = High + Low + (2 x Close)

Pivot Point = X/4

Support 1 = X/2 - High

Resistance 1 = X/2 - Low