The Central Pivot Range

CHAPTER – 6 (PIVOT BOSS)

CPR - Introduction

1. The most powerful part of Floor pivots

2. At any given point, CPR may serve as
a) CPR range can serve as support or resistance
b) Can forecast trending or sideways price behaviour
c) Dictate the day’s direction
d) Serve as an integral part of trend

3. The range can tell about potential movement of upcoming days, and even how the prior day transpired
4. Moreover, the placement of CPR can give you a certain bias about upcoming days
5. Knowing the location of CPR allows you to keep
2-Day Pivot Range Relationship

There are 7 type of pivot range relationship – each of these depends on 2 important prices – prior day closing
price and current day opening price
 Where the market closes in relation to pivot range gives you an initial directional bias
 The next day opening price will either confirm or reject this bias

1. The Higher Value Relationship

a) Occurs when current days