JP Daily Pivot

Designed to predict future trend conditions based on a moving average filtering concept based on a proprietary algorithm that projects the targeted support and resistance levels for the next time frame based on past price action. This is considered one of the best leading price indicators. If the market is in a bullish condition it gives a targeted higher high resistance level drawn in red and a higher low support level in green. If the market condition is determined to be bearish it gives a lower high as resistance in red and a lower targeted support level in green. The indicator works across a spectrum of asset classes such as Emini Futures, equity-based ETFs like the $SPY, and cryptocurrencies such as the CME groups Bitcoin Futures contract as shown in the graphs.