This screen finds stocks whose price has just crossed below the second resistance level (R2), calculated as P plus the previous month's range. Pivot points are calculated from the previous month's high, low and close: the pivot point P is their average, R1 and R2 are resistance levels above it, and S1 and S2 are support levels below it. Falling back below R2 after an extended rally can mark a pullback, with R1 as the next target.
