Quote Originally Posted by brrim View Post
Billy; The MS1 of 81.46 and QS1 of 79.32 seem based on the MPP from May and the QPP of the 1st quarter.
Do you switch to June prices and prices from the 2nd quarter only on 7/1?

Best regards,
Robert
Robert,

Sure. The pivot and floor levels are always derived from the previous period close. We still need the full data from June trading close both for new monthly, quarterly and semester levels, so they will change on 7/1.
It is precisely such changes that allow progressive shifts of support/resistance clusters strengths over time leading to more or less hinderance to price progress. Near the end of any period, one can "cheat" and project the next period levels for some foresight. This exercise is most important at mid-year deadlines and I will comment on this in due time. Billy