Billy and anyone else who might know,

Billy's formulas for pivot levels have been published a few times in this group/forums over the last year or two and I have calculated them and charted them. They range from S3 at the bottom, up to R3 at the top. They really are useful.

But we are now in territory where the S3 pivots for some timeframes are not enough to show us current support levels, AFAICT.

For example, today's IWM close at 66.06 is below MS3 (68.77), QS3 (68.17), and SS3 (67.70).

A couple of questions. First, are there such things as S4 and R4? S5 and R5? How are they calculated?

Second, before asking this I spent some time searching on the web for other pivot calculations to see if these levels exist. Exactly zero of the pivot level calculation methods I found matched Billy's method on all pivots. The "Standard Pivot" and "Floor Pivot" methods widely described match Billy's through S2 and R2, but diverge on S3 and R3. I found no pivot level definition at all that matched Billy's on S3 and R3. Is this otherwise well known and I am slow to pick up? Is there a reference anywhere that matches Billy's calculations all the way through, and hopefully goes to any arbitrary pivots (like S9 and R9 maybe even)? Do pivots that far out make any sense anymore?

-Mike