The following are the pivot points for the Market Vectors Semiconductor (SMH). Pivot High: $239.03, Pivot Low: $233.40. These were calculated using the DeMark method. It is generally believed to ...

The following are the pivot points for the Utilities SPDR (XLU). Pivot High: $76.82, Pivot Low: $76.16. These were calculated using the DeMark method. It is generally believed to be bullish when ...

but it’s also a type of lever mechanism. A lever mechanism is made up of a length of wood, metal or other material. It turns around or is supported by a pivot point, called a fulcrum.