pivot points alsi

[#1]

question to experienced pivotpoint traders.?I calculated todays pivot points as follows.pivot point -27553,r1-27637,r2-27749,r3-27833,s1-27441,s2-27357,s3-27245.Is that correct? The alsi trading at 27640+- thus r1 seems to act as support right now. How far would we have to break r1 to downside to indicate a short and maybe closing the gap?

[doomsdayza]

hi christos
dl the program to test the accuracy of your calcs if you're unsure. i seem to have different pivot points to you but i use the final close as per my charts and not the mtm.
my next target is ~27850, possible bull flag forming on the intraday 1min chart so waiting to see how that pans out.
http://www.tradejuice.com/pp.html