Central pivot range

The central pivot range

For the next session the central pivot range runs from 2,433.65 to 2,440.28, pivot 2,436.97. Its width, 0.272% of the pivot, is wide: among the widest third of the past sessions.

Against the one before

The range sits entirely above the one before (higher value): the last session traded its value higher. The previous one ran from 2,432.00 to 2,432.27.

The last close

The last close, 2,443.60, is above the range.

Does width matter here?

In these bars the session after the narrowest third of ranges moved 1.16% from high to low on average, against 1.12% after the widest third (26 sessions each). The gap is within what chance gives on this many sessions, so the width told little here.

Read it with care

The levels are arithmetic on one session's high, low and close, not places the market must turn. Use daily bars from one data source: brokers cut the day at different hours, so their levels differ.

The range for each session, built from the bar before it. Next is the coming session, built from the last bar.

Education only, not investment advice. The answer comes from the numbers you typed in, not from your account or the market. Simulated results are hypothetical and have limits: real trading has slippage, gaps, changing results and emotions. Trading leveraged products can lose money quickly, including all of it. Risk warning