Pivot points are excellent for day trading because they deliver pre-calculated, objective support and resistance levels before the market opens.
The best timeframes for the pivot point indicator are 1-minute, 2-minute, 5-minute, and 15-minute, hence its use for day traders, and the indicator is used by many day traders, professional and retail alike.
Research analyzing 15 years of S&P 500 futures data found that price touched or came within 0.1% of at least one pivot level during 89% of trading sessions.