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What should Fed do after hot Q3 GDP data? Wall Street weighs in

Futures Pivot Points DeMarks

Timeframe
Name S1Pivot PointsR1
Dow Jones 48599.50 48649.25 48765.50
S&P 500 6924.62 6933.94 6953.88
DAX 24495.0 24510.9 24551.5
CAC 40 8112.0 8117.3 8122.3
Nikkei 225 50473.8 50535.6 50568.8
 
Pivot Points Info

Pivot point, support and resistance calculations are widely accepted as the simplest yet most effective trading strategy. They are well trusted by traders, banks and all financial institutions as clear indicators of the strength or weakness of the market. They are used as the basis for most technical analysis. The pivot point is the point in which the market sentiment changes from bearish to bullish.

 
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