The pivot point is calculated as:

PP = (High + Low + Close) / 3

Support and resistance levels are then calculated as:

R1 = (2 * PP) – Low

R2 = PP + (High – Low)

R3 = High + 2*(PP – Low)

S1 = (2 * PP) – High

S2 = PP – (High – Low)

S3 = Low – 2*(High – PP)