In short: I applied the formula of traditional Pivots to calculate R6 to R10 and S6 to S10 Pivots into a new Indicator. Was it worth the time? Did It land me on the Pivots moon? Here is a walk-through the process — This, is how your average Yearly Pivot chart looks like: In this case, the chart above is the Yearly S&P 500 chart, on it are plotted Traditional Yearly Pivots (P), and their respective Resistance levels named R1-R5 and Support levels named S1-S5.