Six7 Alpha - Trading Levels Guide

Standard Pivot Points

Our platform calculates Standard Pivot Points using the previous day's High, Low, and Close prices. These levels act as potential support and resistance zones for the current trading day.

Resistance Levels (R1, R2, R3)

Price levels above the Pivot Point where selling pressure may increase.

R3: Extreme resistance (rarely hit)

R2: Strong resistance

R1: First resistance level

Support Levels (S1, S2, S3)

Price levels below the Pivot Point where buying pressure may increase.

S1: First support level

S2: Strong support

S3: Extreme support (rarely hit)

The Pivot Point (P): The central level. Price trading above P is generally considered bullish, while price below P is bearish.

Moving Averages

We track key Moving Averages to identify trends and dynamic support/resistance levels.

SMA (Simple Moving Average)

The average price over a specific period. Good for identifying long-term trends.

SMA 50: Intermediate-term trend

SMA 200: Long-term trend (major support/resistance)

EMA (Exponential Moving Average)

Gives more weight to recent prices. Reacts faster to price changes.

EMA 9/20: Short-term trend and momentum

EMA 21: Often used as a dynamic support level in trends

Dashboard Indicators

Our dashboard and email alerts use specific symbols to give you instant context about where the price is relative to these levels.

Symbol	Meaning	Actionable Insight
*	Near Level	Price is within 0.5% of this level. Watch for a potential breakout or rejection.
↓	Broke Above	This is a Resistance level that is now below the current price. The price has broken through it to the upside. It may now act as support.
↑	Broke Below	This is a Support level that is now above the current price. The price has broken through it to the downside. It may now act as resistance.
(none)	Active Level	The level is valid but not currently being tested (price is >0.5% away).

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